Re: Why the front-facing camera hullaballoo?
Actually it's a case of form follows function: why not use the area of the phone that is in line with the camera and ear piece to display notifications? Indeed, LG did this in 2016 by placing a small monochrome auxillary display next to the camera, thus freeing up part of the main display for other content.
Pareto analysis suggests that most of the important information is imparted by a small fraction of the available icons - eg battery, cell signal, WiFi signal, clock, missed call, SMS.
Most of the objections to the notch concept are based on an individual's sense of aesthetics - I haven't read any objective reasons for disliking the notch. [ OLED panels, even rectangular ones, are laser cut - thus adding a notch only increases the tool path a small bit and doesn't require a whole extra process which would increase cost]