What I remember is this:
Samsung AMOLED 12M SCH-W880 Camera Phone Now Official | iTech News Net
Samsung phone with 12mp digicam and 3x optical zoom. Even has TV and 4GB internal storage.
But it is never going to replace a DLSR camera. At best, it can only replace an entry level digicam.
There was a time when I thought I can get rid of my Point and Shoot camera with a smartphone w/ camera. But the more I learned how to take good photographs, the more I found out that a phone-cam is just too limited by it's basic design (by having to be small & slim to fit into a small & slim phone). Phone cameras are just fine for taking the occasional party pictures but it will never cut it for taking quality photos like the following:
