They appear from the images much the same - though the Note 7 has the bigger screen and is fractionally shorter.
But if the 6S+ was too big for anyone, the Note 7 would likely pose same issues.
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To be honest I have no excitement at all for the new iPhones. I have no issues with the ram or speed of my current iPhone 6S. They open apps fast and keep stuff in ram for a good length of time. The camera I have no problems with, sure you can always go better, but it's not like the iPhone 6S / SE camera is poor or anything (i'm taking great photos regardless) so unless
a) the battery life is noticeably improved
+ in conjunction with
b) higher resolution screen on the regular sized 7 (so it is over 400 dpi)
Then the usual SOC updates are not enough to make me go rushing out, especially given were sure to get iOS 10 on our existing devices anyway.