All well taken, but I would add two points:
1) This not a simple aethetic issue--the lower contrast impacts usability by decreasing quick "legibility" of many data displays (just try using Google Maps on the yellow phones--the grey, white, blue, and green just blend into a low contrast blob--miserable when trying to use this functionality in the car or in the field). So not only is the yellower screen different from the "bluer" screen, it is also less than optimal in many everyday scenarios.
2) This is not an engineered change by Apple. I went to my local Apple store, and all 10 iphone 4S display units (both black and white) were crisp cool screens--not a yellow one in sight. I showed my phone to an Apple employee, and he immediately made me a Genius appointment for a swap-out. A second employee also said I should swap out for a "normal" screen.
So whatever is going on here, and whatever change-resistance may be at work, the new screen is definitely a step down in terms of contrast and color separation, which is crucial in a device people need to glance at regularly (or even read on for extended periods). I'll bet it's just a screen sourcing issue, but I'm amazed Apple didn't demand at least ball-park uniformity in color temperature and contrast from these providers. As we can now see, a lot of people with yellow screens are now forced to play games wondering about defects, quality control, new design standards, etc. This shouldn't be the case, especially when the items on display in the stores (well, the ones I saw at least) have no variation in screen quality.
I got used to the warmer screen, and found myself liking what now seems to be a whiter shade of white (the old one looks markedly pink). But most days, I find myself straining to read the small grey on grey text in a way that simply didn't happen on my old phone (and doesn't happen on the cooler iphone 4s). So this is a minor fail on Apple's part, from my perspective.
My $.02