Meh I’d take the zoom range for sure. Depends on what you like to photograph. Long lenses are routinely north of f5, and they do just fine in reasonable light.
A fast lens is almost always beneficial. If you don’t need the shutter speed, you can drop the ISO for lower noise and better color. A long lens is only beneficial in certain situations, if you’re not shooting long it’s not helping.
Yeah that’s fair, and I suppose there are also probably pretty significant limitations to iso performance because of the very very small sensor.
That said, I’m not scared of high iso (in fact I quite like it) and if we’re talking about telephoto lenses, I’d take a light long lens over a heavy fast one any day of the week but hey. I get upset when I see a nice bird and don’t have a camera on me. Majority of folks will probably be happier with a decent fastish portrait lens, so I guess Apple made the right call from a ‘selling iPhones’ perspective. I’d still like a bit of extra reach even if the lens is a bit on the slow side.