So what is a Phablet? Well it basically is a phone having a large screen, a much larger screen that is! The Galaxy Note 2 has a battery which is as big as the screen size of the iPhone 5! But what does this mean for the common consumer? Well let me tell you my experiences with "Phablets."
The day I first switched on my Phablet i.e. the Galaxy Note 2, I was convinced the screen size was perfect for me. I always like playing video games and a larger screen would definitely compliment that. For the first month or two, I really liked the large screen, but as time progressed, I found that it was impractical in various ways. Firstly, it was much heavier than other phones like the iPhone. Secondly, the larger screen did not help in one handed usage, and lastly, it almost felt like it was a "cheap" and not a "premium" device. (Though that may be because of the plastic used on the Galaxy phones)
I personally feel that phones should not exceed a screen size of 5 inches and bezels should be kept as thin as possible, so that it becomes easier to hold. So if you are trying to buy a new phone today, you might want to skip the Phablets, unless of course you watch movies a lot and love gaming. Some recommendable, more realistically sized phones are the iPhone line-up, the Galaxy S3/S4 and of course the HTC One.