There is so much time, effort, and physical waste that is generated by slightly redesigning phones every year purely for the sake of making sales (as opposed to meaningful improvement upon the existing design or introduction of a new hardware feature). Think not only of people upgrading for the sake of it, but all of the cases, screen protectors, and other assorted accessories cast in plastic for previous models that are garbage now.
It would be nice if we could just space these things out to 5 years or so now, because that's probably how long it takes for anything to change enough to justify a new model.
Of course when it was new the camera opened quickly. And then Apple made their OS more heavy weight every year until my phone slowed to a crawl.
And faster phones are nice, but I think it is worth considering how valuable that really is to us as users and a society, especially if the process involves making loads and loads of ewaste and consuming tons of new resources, and all the emissions their mining and transport involves, when we could simply keep our software slim and our old devices functional.
And the big companies will never do this. Do we need to force them to allow open software to run on these devices, so that clean builds can be patched and maintained when the company over bloats them or abandons them?
A phone with upgradable parts and minimal bloat would be better than any recent phone I've had, but it would also be less profitable for Google so obviously they will avoid that as much as possible.
Middling specs. Huge battery.
I'm still on a Pixel 4a 5G now, because I haven't seen any reason to upgrade.
But I'm a "I want to be able to accidentally run over my phone with a car, shrug, and go get another one" type of person. (Despite the fact I've never actually cracked a screen...)
The initial SailfishOS phone from Jolla was supported for 7+ years and was also a really nice experience.