Chuck Norris, please breathe life into my "concept":

MISC
-Android 4.0.3 (with New TouchWizz) -promised update to Android 4.1 JellyBean
-Easily rootable and no locked bootloader
-Pentaband HSPDA+ and LTE (!!!!!!!!!!!!!!)

SPECS
-Exynos 5xxx processor (32nm)
(Dualcore ARM A15 + Solocore ARM Cortex A7 = big.LITTLE computing!!!!!)
-1GB RAM Dual-Channel (surely more is better, but this is more than enough)
-New GPU either Mali-T604 or PowerVR SGX545MP4
-2,500mAh removable battery

FEATURES
-New 5.19" HD SAMOLED *Plus* display
-1280 x 800 resolution and Gorilla Glass2
-12MP Rear Lens (burst capture, face, smile detection, geotagging, panorama)
-Xenon LED flash
-2MP Front-facing camera (capable of HD-Skype)

CONNECTIVITY, ETC ETC
-32GB NAND
-microSD slot (upto 64GB) located above battery, not below (!!!!!!)
-Wifi bgn, Bluetooth 4.0, NFC
-aGPS, GLONASS, compass, barometre
-gyro, light sensor, proximity sensor
-Improved S PEN (!!!!!!!!!)
-Notifications light (!!!!!!!!!)
-Pass a 5V current to the MHL port so that USB-HOST is more compatible (!!!!!!!!!)
-Pass a 5V current to the MHL port so that HDMI doesn't need a power source (!!!!!!!!)

NEW DESIGN
-On-screen buttons (even smaller frame!!!!!!)
-New Stereo-Louspeaker located on front (like a BOSS!!!!!!!)
-New unibody/materials (brushed aluminium, kevlar etc etc)
-New dimensions: 127 x 73 x 8.8mm (44% smaller!!!)
http://www.sizeasy.com/page/size_com...vs-Note2-vs-S2

-NEW NEW kickstand (covers the camera, protects lens from scratching!!!!!!!!)
-Kickstand props phone in landscape and portrait positions (!!!!!!)
-Kickstand made of metal that amplifies the telephone strength (like iPhone 4) without a need for a stronger radio and not closer to your head avoiding cellphone signal to brain. Also impossible to "antennagate" design(!!!!)
-Bulge on bottom allows phone to stay propped up
-When propped (standing) up vibration makes the phone dance like old Nokias(!!!!!)
-Bulge on bottom distributes weight better

Ending Notes:
Although the screen has been decreased, its only been decreased 7% so it isn't very noticeable. However, the overall device is now 44% smaller!!! That means its way more pocketable and much more manipulatable with one-hand usable. That's progress!