You mean like all the smart phones that serve as the only camera of millions of people daily.
Don't know about them; I only know that I used mine for a while as a poor P&S machine, only bitterly to regret it when asked to make a large blow up for display in the salon of a guy's yacht. I had to decline. He'd found the shot in a cellphone images gallery I'd put into my website, but now withdrawn.
The lesson was, if it's worth doing, do it to the best of your ability.
But back to the cellphones: if they are good enough to store your life memories within, then get a better life.
;-)