I'm in the same boat, I'm considering the same two cars (although it's the CX-5 GT with premium package). I've taken an extended test drive in both 2017 model cars recently. For what it's worth here's what I thought.
= How come so little is mentioned about the CX-5 head's up display? I can see my speed, the speed limit, if there's anyone in my blindspot(s), etc all without taking my eyes off the road and the car in front of me. During my drive this was probably my most used "active safety device" and Mazda has executed it well. I really liked this feature.
= The CRV is slightly faster in a straight line than the CX-5 (the difference is barely noticable), however there is a bit of turbo lag on the Honda. The CX-5 engine, while not quite as quick, revs very eagerly and has no lag.
= The CX-5 handles better, we already knew that... noticeably better.
= The execution of the CVT on the Honda is very good. It's not rubber bandy at all, I don't care about the dreaded "droning". CVT transmissions give both better acceleration and better gas mileage than regular automatics and that's pretty significant. CVT's allow an engine to stay in the most advantageous part of its powerband, so engines mated to CVT's can be tuned for max torque and horsepower rather than tuning for a broader torque band and torque at lower rpms (which is what you need for standard and automatic transmissions).
= The Honda seemed noisier under hard acceleration, this isn't surprising as turbos make more noise. However turbos also retain more power at higher altitudes if that's a factor.
= The CX-5 was quieter than the CRV, at least that was my subjective opinion.
= The CX-5 looks better than the Honda, and it looks better in all colors (obviously this is completely subjective). The Honda did look pretty good in "modern steel". The CX-5 looks great in red and white, and I live in the hot desert, so... white.
= The infotainment system in the Honda is better, aside from the fact that it has Apple and Andriod integration, it's more intutive to use and the touchscreen doesn't shut off when you're moving.
= The back-up camera in the Honda had more features: Bendy lines when you're backing up with the wheel turned, and three camera views including top-down. The CX-5 backup camera was good, but lacked these features.
= Honda's lane keeping seemed more advanced, I don't know if the CX-5 lane keeping supposed to just alert you or steer for you; but I never noticed it trying to steer me back into the lane, the Honda did steer for me.
= The Honda had more cargo room both with the back seats up and down. It did a little better in back seat passenger room too, although the CX-5 was pretty good in this category. The CX-5's rear passenger doors opened really wide which made entry and exit easier. I don't care about the hand's free rear hatch, but the Honda has it.
= Both cars have nice interior materials, really nice, like there's not much difference between them and a luxury SUV nice. I liked the design of the Honda's interior (subjective) better with its center console sloping up to the dash. The CX-5 has more of a "cliff" type dash with the radio head unit knobs down too low for me. On the CX-5, even if you get the light colored upholstery, the dash is all black... which is kind of monotonous and makes the care look smaller inside.
I haven't decided which one to get yet... good luck with your decision.
