Recent rumors promised a second-generation G Flex unveiling at CES 2015 this week, and LG did not disappoint.

At a press event in Las Vegas this morning, the South Korean company confirmed the G Flex 2, which is lot like last year’s flagship G3, but with slightly better specifications and, of course, that trademark G Flex curve.

At first glance, the G Flex 2 looks just like a G3 that’s been sat on a little too heavily. It’s almost identical aside from its curved form factor, but there are some significant changes under the hood — some of which you’ll love, others not so much.

Let’s start with the good: The G Flex 2 is powered by Qualcomm’s new, 64-bit Snapdragon 810 processor, and it maintains the self-healing back panel of the original G Flex. It also adopts the G3’s 13-megapixel rear-facing camera with laser auto-focus, while on the front of the device you’ll find a 2.1-megapixel shooter.

Like the G3, the G Flex 2 will be available in 16GB and 32GB variants, with 2GB or 3GB of RAM respectively. It also has a built-in infrared blaster, NFC, and a microSD card slot that will take cards up to 2TB in capacity.

The downside? The G Flex 2 has a smaller 5-inch display — a full 1 inch smaller than last year’s model — with a 1080p resolution. That means the handset will be more manageable than its predecessor, but nowhere near as sharp as the G3, unfortunately. If you aren’t already used to a Quad HD display, however, that shouldn’t bother you too much.

The G Flex 2 will make its debut in South Korea later this month, but LG hasn’t yet confirmed its price tag or launch dates for other markets.