While that is true the S4 is getting pretty damn close though.
Oh yeah, I completely agree. The difference between the One and the S4 isn't nearly as egregious and abyssal as the One X and the S3, the former of which I think wipes the floor with the S3. That whole floating image, at least at the time, blew my mind.
As far as the panels go, it's really up to the user. The LCD performs better in certain areas, as does the AMOLED. One of the things that I've gotten used to on the S4 that irks me a little on the One is that more often than not, I get the full screen real estate. Outside of including a menu button, HTC couldn't have done anything with this, but it doesn't change the fact that I get a larger viewing experience on the S4.
One of the key advantages to the LCD, one that I really like, is that it has the more effective auto brightness. I rarely have to make any changes to the brightness, whether I'm outside or not.
I agree, particularly with real estate--not necessarily screen size (although that plays a part), but Sense's inexplicable "black bar with a three-dot menu/settings button."
Our perception will be unique, but there are objective measures available (to a certain degree). The consistent brightness is just one, as well as over-saturation and contrast with AMOLEDs (which is stunning on a well balanced, well calibrated screen, I might add).