Samsung Galaxy Note 3 Neo vs Galaxy Note 3: first look

I don't understand it. They are almost the same size. It isn't that much smaller.
 
It's like a note 2 with the note 3 design.

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Is this like the "Mega" they came out with a while back?
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I didn't see any actual prices listed.
For the US market, I wonder if the small price difference between iPhone 5S and 5C might have been the downfall of the latter?
(if you're buying, spend the extra $100, and get the good one!)
How will we respond to these two Notes?
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