Originally Posted by
chipmaster
The whole P&S market is pretty much gone, just walk into any BestBuy and compare to what you saw before the iPhone debut. The sensors and HDR / Pano function on many modern smartphone with all the cpu processing power lay waste to any dedicated P&S. The only advantage to a P&S is likely the variable zoom lens which with even the newest smartphone dual and triple lens can't match.
Second this. The only reason for a P&S over a phone is optics.