I think it boils down to whether you still want it to be a really portable, versatile tablet. If you want to pull it off the keyboard and use it as a tablet often, the 11” is likely the way to go for most people. I know some say they read in bed with the 12.9, but holding it in the store, I just couldn’t imagine that being ideal. The 11 is still lightweight, and not much bigger than your average open book when you’re holding it. The 12.9 is like a world atlas. ;-p
If you’re only ever gonna be using it on a desk with the keyboard, the 12.9 is definitely the winner. I mean great size, gorgeous screen, full size keyboard - definitely awesome for that.
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Certainly the 12.9 takes best advantage of split screen, and having more screen real estate simplifies a lot of other tasks as well. I do think the 11” is best as a portable tablet. They definitely each have their “pros.” ;-p
I have thought that maybe I should’ve gone for the 12.9, but seeing it in person solidified that, for me, right now, the 11 was the best choice since it’s my only iPad. Of course, it’s also my only computing device, which would make the 12.9 seem like the better option. For me the 12.9 is just too darn much iPad to use in situations away from the desk.
I have considered getting the next gen 12.9 since I’m using the iPad as my main computing device now, but likely will only do that if I either hang onto my 11” or go back to having a mini as well. My problem has been not really feeling like I’ll get enough use out of 2 pads, but needs change and in a year or so, who knows...