I agree with MtnDon. It's great having my iPhone 4 with me all the time, and nice to be able to send the photos off quickly in a text or email. However it's lack of adjustment, (poor zoom, flash, lack of macro and self-timer) even compared to my Olympus point and shoot leaves much to be desired.
Perhaps the state of art Android or iPhone cameras are higher than what I've seen with my run of cell phones but I doubt it. I consider cell phone cameras to be much like the screwdriver on a Leatherman multitool. It's GREAT if that's all you have, but a real screwdriver works much better.
The screens are so small.
Most newer point and shoot screens are nearly as big as my iPhone 4 screen:
http://www.amazon.com/Canon-PowerShot-D ... non+cameraTony