Ok fine I will go first:
things going for the iPhone5/iOS:
- slightly higher build quality, feels more expensive, retina screen
- integrates seamlessly into the Apple ecosystem, Apple TV, Airport express, iCloud syncing, iTunes match, Airplay
- easy to use doesn't require a lot of tinkering
- access to massive app store and iTunes library
- comprehensive updates from Apple directly to device
things going for Android/flagship S3:
- open source, highly customizable interface
- S3 seems more durable, less prone to damage
- ability to move files on and off very easily
- google turn by turn
- syncing across all google apps
I think this is a good starting point, people can add or subtract as these see fit.
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