How do you perceive the new LG Optimus G Pro Android smartphone?

It's a pretty sweet phone, and there's a nice amount of hype, so I really should withhold judgment until the phone reaches us here in the states (sometime in the 2nd quarter is the expectation). But I'm throwing caution to the wind, and questioning the way this launch is being handled... we shall see whether the numbers end up confirming the insignificance of my marketing opinion. (If I'm right, official consulting hours are between 8 and 5, every other Thursday.)

First, a bit about the phone itself, starting with this picture LG recently released:

The percentage of the surface that is actual screen, particularly side-to-side, is pretty impressive... noticeably higher than that of the S III. I am wondering why LG is following in Samsung's footsteps by including a physical home button -- what am I missing, people? ...what reason is there for a physical home button? A few specs of the phone include a 5.5" screen (making this phone officially enormous), LTE networking, a quad-core 1.7GHz processor, and a competition-busting 13MP rear-facing camera plus 2.1MP front-facing camera. The AMOLED screen has a resolution of 400 pixels per inch (1920 x 1080 pixels), which LG is touting as great for HD video-viewing, with a hefty 3,140 mAh battery to keep up. Built-in storage of 32GB, plus 2GB of RAM, and finally that holographic design on the back that LG introduced in the Nexus 4, wrap up the highlights (and yes, you should be afraid due to the lack of a price projection). One minuscule downside: the phone is running Android version 4.1.2, though 4.2 has been out since the end of 2012. The differences between Jelly Bean 4.1.2 and Jelly Bean 4.2 are significant, so I'm only calling this downside minuscule because I assume updates will roll out quickly. Overall, definitely a note-worthy phone (or phablet, since it's 5-6"), with top-of-the-line specs, and an attractive design. So what's my problem?

We're excited about the LG Optimus G Pro now, watching Korea skip along with a shiny new phone we can't yet have; but we have a very short attention span -- we don't plan on being excited any longer, when we finally get it, in a few months. It might have made more sense to keep rumors swirling, but facts few, a little while longer, over here. Additionally, LG seems to be positioning the product as top-of-the line, no competition. So it may be, right now, but in a few months there will be bigger and better. LG has shown Samsung and HTC and Motorola exactly what they need to one up. Past precedent says they accept the challenge.