While I am not thrilled about the bump in screen size. The Moto-G has been the best phone I have owned so far from a total ownership experience. No Contract, Decent Specs and Multi-Day Battery Life.
Even so the G has been great for me as well. I hope the new one has a better camera, that's really the Achilles heel of v1.
(It's strange, but bigger-is-better really seemed to have permeated the Android market. Whatever happpened to the opposite mindset, the one that gave us stuff like the Nokia 8210? The size of friends' iPhones - particularly the 4s - had really seemed just right, and I was rather disappointed when shopping for an Android equivalent to find they were all anywhere from large to hulking enormous by comparison. Even the so-called "Mini" ones were no better, being generally only the tiniest bit smaller than their non-Mini siblings.)