Not sure if it's fair to call it "flagship". I have one now and it seems blazingly fast and it's nice to have stock android... but the device isn't without compromise. The battery life is 'meh' and the camera is pretty crappy (the speakers are also weak, but not what I'd consider to be a core feature of a 'flagship' device). So you can definitely tell they cut corners on those two (very important) aspects of the phone. Overall I still really like it, though.