First thing, what is meant by P&S needs to be determined. Too many refer anything other than an SLR as a point and shoot. But there are more than 1 type of camera that would not be an SLR.
I look at these as point and shoot cameras:
Then we have an advanced P&S or perhaps you could call them a bridge camera. They are what paxye comments on with the G9, manual controls, RAW capability, hotshoe, etc. Most or all of the features of an SLR except for interchangeable lenses or sensor quality:
Third we have what would be a superzoom or they can be called a bridge camera as well. The main difference between the advanced P&S above and the superzoom is the zoom function is a much larger range. They also have full control of most or all features of an SLR. This is the type I have.
Everyone lumps these 3 types of cameras into the same category of "point and shoot", which they are not the same at all.
You brought it up and Dao touched on it, but as a noob who has only ever known P&S, when would someone know they are being held back by their equipment without ever having used it to know the difference?
If someone is interested in photography over snapshooting pictures at the family functions and vacations, they will seek out information just as most have in this forum. From the knowledge of photography they gain from their searching and joining forums such as this, they learn very easily what limitations their "point and shoot" camera is giving them. I've never used a dSLR, yet I fully understand the limitations of my "point and shoot" and know what is holding me back from the images I'd like to create. But economics rule and I know I have to stick with those limitations and work around them. That doesn't mean I don't know the difference.
And I know that a lot people in these forums are dreaded by "newbies" that know nothing about appertures and focal lengthes but some of them have a great eye or great taste. And I have seen such people here being ignored just because some other groups feel elitistic about their cameras and "knowledge".
This is not one of the most friendly corners of the internet and though I met some really interesting people that's why I left. BUT there's great knowledge here and a lot of experienced people so I'm back to keep learning.
Sorry if a got a bit off-topic, I had to get it off my chest
/end of rant
You posted the same feeling that I get from many in this forum. According to members of this forum, since I have a "P&S", I will never achieve a good photo. According to members of this forum, since I can't shoot RAW, I
can not adjust the white balance of my images. According to members of this forum, since I can't shoot RAW, I
can not change the exposure in post processing to my images.
Now, of course I understand that with RAW data, it is easier to adjust these things with a resulting better quality image, but that doesn't mean it is impossible, which members of this forum speak here as if it is. That is just one example of the elitist attitude I see on these forums.