Simply speaking, this device doesn't feel premium at all. Compared to older iPhone 16 Pro, it is like cheaper version of the same model. Like iPhone Xs vs. iPhone Xr. Usual aluminium instead steel or titanium. Thicker but light - feels like there is empty space inside. Similar-sized screen, but worse in any parameter.
May design and switch from titanium to aluminium is a matter of taste, but screen (on my model, at least) is a total disaster. I have LG panel. Low contrast, blue colour tint, lower viewing angles - simply uncomfortable to look at. Screens on my 14 Pro and 16 Pro better in any way.
After paying so much (and more than year ago) i got device that is worse and not nice to use.
And models with higher memory configurations use cheaper and slower chips.