But in terms of wow factor, it was a step change on the order of GPT-3 -> GPT-4.
So now they're stuck slapping the GPT-5 label on marginal improvements because it's too awkward to wait for the next breakthrough now.
On that note, o4-mini was much better for general usage (speed and cost). It was my go-to for web search too, significantly better than 4o and only took a few seconds longer. (Like a mini Deep Research.)
Boggles the mind that they removed it from the UI. I'm adding it back to mine right now.