If the phone was IP68 certified water resistant, I am sure it would not be a secret, they'd advertise that and market it. But it's not.
The Essential looks to be a really good phone, with top of the line build quality, and great design. But seems to fall short compared to the rest of 2017 competition;
- OLED display. Essential only has average LCD screen per reviews. Where as the top phones this year have OLED screens; iPhone 8, Galaxy S8, Pixel 2, LG V30, etc...the benefits of OLED are much brighter screens and great for outdoors. They are more energy efficient than LCD. Plus thinner. And just have richer colors and deeper blacks
- Wireless charging. Essential does not have this. Where the iPhone 8, Galaxy S8, Pixel 2, etc...do.
- IP68 water resistance. The Essential is not IP68 certified, the other flagships of 2017 are.
- Camera. Reviews make it sound like the Essential has a good camera, but not super great like the competition.
So, to me the Essential phone looks like a nice phone, but not a $700 2017 flagship phone, it should he in the Nexus 6P starting price of like $500 to be competitive. With the Galaxy S8+ now selling for like $649 most places. And the Pixel XL 2 rumored to be around $750 starting price, and upcoming LG V30 around $650 starting price. It's hard to justify the Essential $700
I disagree, when you look at the design, the materials, and storage, $700 seems fair. The pixel is rumored to be $50 more expensive than last year, so in the $750-$800 price range on the low side (maybe 64gb), which means the next size up (either 128gb or 256gb) will be in the $850-$900 range. The Note 8 is also rumored to be up there around $900-$1,000. And of course there's the iPhone which might go as high as $1,200! So with a device like this that to me is comparable to those devices $700 is fine, of course cheaper is preferable.
As for your other points.
-From what I've seen the screen isn't average LCD, it seems to be the same panels used in iPhones, which look really good to my eyes. Sure Samsung AMOLED is the standard, but this should be fine. Plus you don't have worry about burn in of the navigation buttons, not that any of us would keep a phone that long.
- your right on the wireless charging. I prefer a metal back, but if we are getting something that can break, such as glass or ceramic, it would be nice if they included wireless charging. That being said, not a big deal for me, I never used it on my Samsung phones.
- This is probably the biggest bummer for me, I love having phones that are waterproof. But none of the other phones (except the iPhone) are going to have a design as slick as this, so for now I give it a pass, but will not upgrade to the next version if it doesn't have it. Holding out hope that it's at least ip65.
- This could be where they're shooting themselves in the foot for the regular consumer. From what I've seen, the camera is fine for me, but my iPhone 7 will remain as my main camera phone, most others don't have that luxury. Hopefully they can sort it out, but it does seem rushed. The 360 camera isn't even ready yet either.
Overall though, I think this is the phone for me this year on the android side, just that compact size with a Note sized screen, top of the line specs, materials, and stock android are perfect for me. Though I'm starting to think if maybe I should wait until Best Buy has them, since I'm an elite member I get a 45 day return window. I'm pretty sure this is it for me this year, but it would be nice to have the flexibility just in case google pulls some surprises.