But I agree the bottom one is ugly it's the top one I like as you can see it has a thicker Bezel though it really doesn't as you can see the Sony logo is glowing because it's part of the screen, Bezel has no meaning if it's virtual you could have it as thin or thick you want it would act and look like there's no screen where it's black, or at least that's the idea, the idea is that you can't tell where the screen ends, it would look identical too an actual Bezel.
So when you watch a movie where you don't have to hold the phone, you can take advantage of the entire screen space.
It's all up to you how much bezel you want and when you want it.
This is a slightly altered version of my dream phone concept
Sent from my C6903 using xda app-developers app