In these need-to-feel-better times, you should feel good knowing that your smartphone cameras can save you a lot of money if you want to do a good photo-taking job and have lots of fun without having to buy yourself one of those expensive, high- end digital cameras.

A new report by the online tech observer Appolicious said over the weekend that your smartphone cameras have one absolutely unassailable advantage over any digital camera, if you own one, and that is– your smartphone is always with you while your digital camera typically isn’t.

In a pretty detailed analysis of the smartphone cam versus a digital camera, Appolicious pointed out what every camera bug knows by heart: the best shots in the world were those taken at exactly the right moment, that fleeting and unrepeatable moment. Only smartphones and their cameras are this poised for that moment.

Going into details, the study said the latest smartphone camera technology are equal to that of digital systems, plus the ready availability of smart phone applications that allow the editing and sharing of photos, rendering  the need for a separate digital camera rather minimal.

Citing just one example, the study described Apple’s latest iPhone model, the iPhone 4S as setting the standard for the best smartphone photography today.

It noted the 4S model’s f/2.4 lens which allows a good depth of field and capable of low-light performance and the iPhone’s backside-illuminated sensor or BSI which together give the Apple smartphone its color accuracy and face-detection superiority equal to any digital camera.

The latest iPhone likewise is fitted with greater HDR capabilities, fast performance and 1080p HD video capture.

New photo-taking apps for the iPhone 4S from Apple’s Camera Awesome applications library further allow users, for instance, to set both exposure and focus readings from different areas  plus a selection of filters for every occasion.

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