It also bugs me that no one is showing a comparison of the new SE to the old SE, so here is an old article I found, 2nd photo is the 7 (5.5 in), 6 (4.7 in == new SE), and old SE (4 in).
https://www.imore.com/iphone-6s-vs-iphone-se-whats-different...
So the new SE is bigger, but still acceptably small for most people. It seems like Apple couldn't bring themselves to make it any smaller. And at this price with these features, it will be my next upgrade (in 2-3 years), and I predict it will sell like hot-cakes.