I had a "photo op" yesterday that afterwards caused me to think about this thread. All I had was my cell's camera available for this pic:
My one year old grand daughter was watching her reflection in the muffler distort as she moved her head back and forth. The cell's camera was good enough to capture the
moment. My SLRs go with me when I anticipate an opportunity to compose a
photograph. Point and shoot cameras, while less expensive if damaged and less controlable are probably fine for most cycling photo ops.
Brad