The handset measures 155 by 79.6mm by 7.4mm and weighs 145g (6.1 by 3.1 by 0.3 inches and 5.1 oz.).
While the 13-megapixel camera is a nice jump up from the 8-megapixel rear snapper on the Stylo, and the 20-gram (0.7-ounce) weight difference is significant, there don't seem to be too many other differences.
The battery size and storage are the same, and even the processor is still a 1.2GHz quad-core, although LG hasn't gone into any further specifics on that front.
There's 16GB of internal storage with additional support for a microSD card.
The phone has a slim profile that leaves just enough width for the new stylus.
The new stylus has a slightly mysterious "nano-coated" tip instead of the rubber one of the previous generation. According to LG, this is supposed to improve accuracy.
Removing the pen now automatically gets you a pop-up menu, a la the Samsung Note range.
There's also a new Calligraphy Font for people with great handwriting and a burning need to show it off on their phone.
The Pen Keeper is designed for the kind of people who constantly lose their keys. It gives you a warning if it detects the phone moving away when the pen bay is empty.
Like its curiously named predecessor, the Stylus 2 has a large 5.7-inch screen, but it sports a slimmer and lighter design. Click here to learn more about the Stylus 2.