Its not but it would be stellar if it was.

-Imagine a NOTE that slips easily out of your pocket and into your hands for a quick annotation with the S Pen.
-Then a friend arrives and comments on it....that's when you prop it up on a bench and show off with it dancing.
-Then another friend arrives and its a crowd. You load up a funny youtube video with the kickstand in landscape....and since the kickstand doubles as the antenna, you don't struggle in low signal areas.

I think the NOTE 2 is going to arrive between early September - late November. The carriers will likely delay it by another 3 months, but that's what Americans deserve for creating a phone contract monopoly system.