For the people who crave larger screens and don't want a tablet, the Note 2 is the best choice available right now.
Design minimizes bulk; keeping this big phone slim-seeming; Android 4.1 Jelly Bean available at launch; Camera app includes robust feature set; User-replaceable battery; Improved S Pen functionality; Speedy peformance; Available on all major carriers; Long battery life
TouchWiz gets in the way of Jelly Bean too much; Some S Pen features only work in Samsung apps; Display resolution lower than previous generation