No. Great mockup design but no, I don’t want to get an Apple Watch Ultra in the form of an iPhone. First, I prefer flat edges over rounded ones. They make the iPhone easier to grab from a table and hold for taking pictures. Second, I want the rumoured rounded glass surface on the screen edges which would make the phone a little bit more organic.
What I would LOVE ❤️ to get though is a dedicated multipurpose button, like on the Ultra. Yet, the probability that Apple add another button is low in my opinion. They would rather prefer to get rid of all physical buttons if they could without compromising usability (which I don’t see how this could be done). A less prominent camera assembly would be welcomed too, even if this means a thicker device (and bigger battery along the way).