I wish they had a flagship. I would be able to accept compromises of course - thicker, more expensive... But still with top notch components.

There are two things stopping me:

The first one is that for the first time ever, I have a phone that I can just about take on a holiday, not take my DSLR, and not regret the decision. I reckon different people have different thresholds for this, but for me this bar sits at the recent crop of 1" camera sensors (maybe from 1-3 years ago, like Xiaomi 13U/14U, Vivo X100, etc).

The second one is that I tend to get flagships as a way to guarantee some longevity when doing some resource intensive tasks. I consider myself a power user, and while it's true that phones have plenty of horsepower these days, there are tasks that are quite demanding. For example, I use Ente which does local indexing on the phone for the ML image search (which isn't an "easy" task) and I do run small edge-type ML models (such as whisper, of re-train the transformer model in FUTO)... Now I know probably I could do those things on a 2025 mid-range processor, but I worry that by 2027 I will want to replace the phone because the things I want to do will have rendered the phone obsolete. A faster processor allows me to go for an extra year or two without suffering a painfully slow phone, so I'd also want this before making the switch.