[nileshk]

I'm also on an iPhone 7, and don't even really want a premium version of the iPhone SE, I just want an SE-sized phone with water resistance.

If it had nicer specs (e.g. hardware on par with iPhone 8 and a better display) that would a bonus. However, I wouldn't want a high-res display necessarily. I think they should keep the pixel density of the current SE. What I would found after briefly using an SE is that the low-res display coupled with the CPU/GPU from the 6S resulted in amazing UI performance -- much better than the 6S and maybe even the 7. Getting rid of the bezels would be nice, though that might detract from one of the advantages of the SE, that you can firmly grip the phone while being able to touch any part of the screen with your thumb, but it would be worth the trade-off I think.

I spent a week with an SE, after having used the 6 and the 6S before doing so, and I found I quickly adjusted to the smaller screen, and could even type faster since there was less finger travel needed (relying heavily on auto-correct).

Battery life on the SE is also great (at least it was for me), and I'd like to see that replicated on a newer small phone, with whatever tradeoff is necessary to accomplish it (e.g. low-res display, thicker phone).