I'm posting this with my S26 Ultra.
Is it just a lame rehash of the same phone from the last 4 years with a faster CPU and a screen privacy feature? Yes. But man, the screen privacy feature is so good. I expect that everyone will copy it. Once you have it, it seems irresponsible to not have it. Having it auto-enabled on an app-by-app basis is so nice.
Also, yes, it is absurdly expensive. But whenever Samsung launches a new phone, they offer large preorder bonuses and generous trade-in rates for 2-3 year old phones. So don't believe the price. I think they have to do this to keep growth going, but you get them much cheaper than the stated price if you pre-order. I paid less than 50% of the list price after trading in my near identical S24 and got a free bump to the 512GB model.