I'm going to be in the same "what phone do I get" boat early next year, hopefully it will be clear cut by then. Probably not, but we can always hope........with all the existing crap I have accumulated, iPhone 5 seems the logical choice though.
Its amazing how quickly Nokia went from being the must have phone to hardly ever seen. They didn't really catch the smartphone wave as it rolled in.
Oh, and 8850 > 5110