'The inevitable rise of Serious Compacts'

In our SeriousCompacts.com Flickr group discussion area, Antrix has started a discussion concerning "The inevitable rise of Serious Compacts". He argues that "On the compact side of the market, which is dominated by casual consumers (by definition: not 'serious' consumers), there's only a few more years before consumers will be completely happy with the camera that comes integrated with their phone."

What do you think? Come read the rest of Antrix's post and join the discussion.