I agree. If my cellphone took pictures as good as any other camera, I would not own the other camera. I used to have a bunch of cheapo P&S cameras to throw in a pocket or backpack. Since the iPhone 4, no more.in 5 years (maybe less), only eccentrics that hang out on photography web fora will use dedicated cameras (of any kind). And in 10 years, even most of those will have found better ways to create an image.
Agreed.My prediction: With all these folks doing photography, some of them may decide they like it and buy something better. Dedicated cameras will survive just fine, but maybe in smaller numbers.
Then there's the very DSLR-like Lumix GH2 & GH3 and the Olympus E-M1.....I have never understood why their top end camera have to be so damn large and heavy. It is like they created a marketing myth that if it is professional then it has to look professional. I suspect that myth is now rapidly unravelling along with their sales projections.