If you aren't looking closely enough, you might mistake the G3 Stylus for the G3. That's a positive note for the new phone: Clearly, if you're going to name a device in the same vein as your No. 1 flagship, it'd better at least look the part. That said, it's noticeably thicker (10.2mm vs. 8.9mm) and heavier (163g vs. 149g), comes with an obvious notch in the top-left corner for the built-in stylus, lacks the G3's laser focus and runs on a 1.3GHz quad-core processor (versus a 2.5GHz Snapdragon 801 on the G3). It also lacks LTE, so this device is obviously geared toward developing markets.
The display is dramatically worse, with the Stylus boasting a 5.5-inch qHD panel. And while I'm not a dedicated disciple of Quad HD resolution -- it's great, but 1080p still takes care of my needs -- a 960 x 540 display is absolutely dreadful on a 5.5-inch screen, and it's even worse when I hold the two devices side by side.
The inspiration for the phone's name is the passive stylus, which is a skinny stick around two inches in length. It's hard to get much bigger without taking up too much space in the built-in holster, but smaller styli are definitely more difficult to use comfortably and naturally. Since it's a passive stylus, the setup doesn't come with pressure sensitivity, so you won't be able to vary the heaviness of whatever you're drawing. But it does the trick in a pinch.
Admittedly, a large phone with lower specs and a stylus can be a great fit for many people on a strict budget, so I don't want to simply look at the Stylus through G3-colored glasses. After all, this is designed for emerging markets. And as long as it's competitively priced, the inclusion of a stylus could easily be a powerful differentiator among its competition. LG still hasn't announced how much the phone will cost, but we know it's going to Brazil this month, followed by Africa, the Middle East and some countries in Asia.