Bigger screen and speakers give something in return, the logo doesn't. Although I guess all this talk is useless because they can't just get rid of the logo, it's there for a reason.
To me the logo on top is not as in your face. One might argue that it sits closer to the eyes but the bottom of the screen is a much more active area for the user, with the on screen buttons being right there.
I loathed these Samsung logos at first but eventually learned to live with the one on my Note 2... I still prefer none at all of course - if Google makes a 6 inch Nexus, my life will be complete.
I don't like that it's the black bar and then your touch buttons are another bar on top of a bar. Which to ME made the screen feel smaller and it felt wasteful.
But at the same time I understand it was necessary for internals etc etc. Just boils down to personal preference and what you find aesthetically pleasing.