I totaly disagree with the lense quality of point and shoot cameras being equal to dslr.
Right. The lens on my P&S simply swats most lenses on DSLRs -- you gotta get the right P&S.
Agreed. I don't think most folks here really know how good a GOOD point and shoot camera can be. They went from mass market, consumer P&S straight to dSLRs. Or from older "ultrazoom" P&S to a dSLR. Both of these types of cameras have much smaller sensors than high end P&S and worse lenses too.
If we compare the lens on a $100 P&S camera to a kit lens on a dSLR, I bet the dSLR lens is just slightly better. If we compare the kit lens of a dSLR to that of a NICE P&S, (like a Canon S90, G12, Olympus XZ-1, etc.) the P&S lens wins. If we compare a nicer dSLR lens, like a fixed f/2.8 28-70 zoom, to that of a NICE P&S, it is probably even. But the point is that the dSLR still wins in final image quality because it's sensor is 4x bigger.
Now, about viewfinder coverage, several of you indicated that 95% coverage is enough. This is still a level of coverage that is only provided by the nicer dSLRs. I believe that for entry level dSLRs, 87% is more typical. It DOES have an effect. The effect is that you get more than you thought you'd get, and therefore you're losing resolution because you have to crop out that 13% extra. (or 5%, for those of you with 95% coverage viewfinders)
It may not be a huge difference, but let's not pretend it isn't there.
By contrast, using a display with 100% coverage means that if you compose carefully, you can use 100% of your camera's resolution toward the final result.
The AMOLED screen on my P&S is stunning. It's better than the retina display on the iPhone
Now THAT is hard to believe! Better in what terms? Brightness? Battery life? Because it is sure no match, resolution-wise. My incoming XZ-1 has the OLED (is that the same as AMOLED?) display; I can't wait to see it.
Is the IQ from my 5D mkII superior? Ultimately yes, but you couldn't see it in an 8x10 print. In the meantime my P&S saves 14 bit RAW files that are edge to edge sharper than Canon L series zooms. Yeah, it's a smaller sensor, but at ISO 80 it holds it's own. Oh yeah, that ISO 80 is easier to hang on to since my P&S zoom lens is an f/1.8. That's right, the zoom lens on my P&S has a max aperture of f/1.8. Did I say it was a zoom lens? -- you gotta get the right P&S.
You must have the XZ-1, because I don't know of any other P&S that has f/1.8. (?) I think you hit on a key point here too:
practical image quality. 'Better' only matters to a certain point, to practical limits. On a previous camera, I found that there is no advantage to having resolution greater than 4 MP for up to 8x12 prints. (that was an older Olympus ultrazoom camera with a typical 1/2.3 sensor, too) #1) I rarely print any more. #2) When I do, it is usually 4x6 and never larger than 8x12. #3) My lowest resolution camera is 6 MP. #4) 90+ % of my shooting is between 28-105 mm.
I'm open minded enough that I question myself every now and then. I questioned myself after one trip to Europe, walking miles and miles carrying a bag-O-lenses. Being immediately targeted by street hustlers. I don't regret carrying it, as I got good pictures as a result. But the next trip there, I left it home and brought my trust little Canon S90, and the pictures were just as good. I did miss maybe 3 or 4 telephoto shots. The key was to have a pocket tripod always with me so I could shoot at ISO 80 most of the time. All I had was the camera in a belt pouch, a spare battery, a lens cloth, a spare memory card, and the tripod in a pocket somewhere.
If you're into pixel-peeping, I agree, it won't do. If you're into good results that look good at any practical resolution for a non-pro, it is quite liberating.
I apologize, I kind of went off on a P&S crusade there. My point was that we should challenge our thinking once in a while.
The Canon G1-X is coming out soon. It is basically a G12 with a sensor that is very nearly as large as an APS-C. This is the next photographic resolution, guys. Like it or not. Most people (we're not the norm) STILL do not want to be bothered with the bulk, weight, and expense of an SLR. Or even a mirrorless interchangeable lens camera. (ILC)