+ great Camera
+ great build quality, waterproof
+ great overall product design
+ "It's a Sony" > everything just works, I was very happy with all my previous Xperia phones.
+ great screen > 5.2" 1920x1080, beware it's not the brightest one
+ stereo speakers
+ excellent battery stamina reported by many users
+ has FM radio, which I use everyday
+ good language support, comes with ISO 8859-11 thai font (see white paper p.13) to many this is way more important than the cpu, Samsung removes some languages and fonts in distant markets, rendering the phone annoyingly unusable for Thais)
+ built in hardware is top notch (same as the other flagship phones)
+ Noise canceling feature indeed works, but makes headphones a tad bit heavier
+ good value for money, CHF 699 (599 in Aug.14) or €582 launch price
+ good the Android UI hasn't been revamped to the max
+ fancy notification light
+ you can set the display's white balance!
+ the smart band receives good critics and might be interesting to you
- the noise cancelling head phones do not have a remote button to pick and end phone calls! Very annoying on the bike. Noise canceling does work, but not on the bike, doubles the wind sound :-( doh
- no IR to directly control your home media
- some folks don't like the touch feeling, when fingers meet the loading dock contacts
- touch feeling at device edges not super smooth due to overlapping frame, to protect the glass. Can't be further described, go and touch the thing in the shop.