This whole OLED thing is a straw man, really. What people were arguing about before Tim Cook's speech was display size - not OLED vs. LCD.
If Apple made a 4.5" or 5" iPhone, there's no reason why it would have to use OLED (nor would it have to be "instead of" the 4" 16:9 iPhone 5).
I've never argued about either - I simply prefer the smaller screen size and LCD screens as they currently are.
I don't know, or care, what the debate was - I was simply replying to Tin's comment about us apple fanboys hating AMOLED until Apple does it (I know you didn't say that Tin - just like to have a little fun with ya
) - simply that unless the color accuracy is addressed, even if Apple adopts it, I'll still wish/prefer the IPS LCD's.
Like I said - I prefer my Nexus 4 screen to the GS3 which I've compared side by side (my sister and bro-in-law both own GS3s). aside from the brightness - especially not realistically being able to turn it all the way up without killing the battery in 30 minutes - I think the N4 display is pretty stinking good, though the iP5's brightness, battery life, and overall color accuracy puts it at or near the top for me and I don't see why Apple would want to change that.
Especially since they've focused on gaining battery life efficiency elsewhere and will likely use IGZO as the next big advance as far as displays are concerned.