My current plan is to sell it on at half price, which should roughly cover a new Fairphone.
The PinePhone is just too slow to use. It's frustratingly unresponsive.
I hoped the LibreM would be fast enough to make the phone usable.
And then after that, there need to be apps that work, but the Free Phone ecosystem is fractured. There's Android derivatives such as the Lineage or /e/ OS, there are pure Linux variants running Phosh, which was developed by Pureism, but also runs on Mobian and postmarketOS, and there is Plasma Mobile, and UBPorts, as well as GerdaOS, which is based on KaiOS, which is a fork of FirefoxOS.
I got started with the UBports Edition PinePhone in June and I think it's amazing how much the software has improved since. I have quite a backlog of new apps I need to add to https://linmobapps,frama.io, and overall it has gotten more stable and smoother as more and more is being upstreamed and hardware enablement happens.
BTW: I am writing this on my PinePhone.
As for UBPorts, it stoppped updating! It just fails to update. It also insists I'm on a captive portal when I'm on my home wifi.
A lot of the price of the Librem 5 goes towards subsidizing the software development. Pine64 only produces the hardware and leaves the rest to the community, but everyone benefits from much of the work Purism is doing in the software stack.
I got a PineTab recently and am currently running Mobian w/ Phosh on it. I'm also still frustratedly awaiting my Librem 5, but those Mobian PinePhones look nice.
Someone might say the Librem 5 has better specs, but it's also huge and really not targeted at the average consumer (they probably don't care about the physical kill switches or convergence).