Interesting idea - with the right apps, you could do some real editing on the camera itself and directly upload it wherever you like. Not sure it's for me though, I'm not particularly fond of smartphones either
I guess the question is, did Samsung fix the Stock Android jpeg problem of such high compression? I hope so. Most Android devices, unless rooted and the issue addressed, can't do any sort of light jpeg compression. Even when set to fine, the jpeg artificats are bad. I even saw this on the latest Galaxy S4.
If this allowed development of software where you could modify the camera's exposure programming and logic it would be great. If it is more for uploading to Facebook and playing Solitaire: not so great.