[QUOTE=gryphonslair99]
Unless you upgrade to a full frame body in the future, then you have wasted money.
The APS lens will give you the same image on a full frame body as it does on an APS body. If it was good before, it's still good.

[QUOTE=gryphonslair99]

For me it is simple:

Point and shoot if you want to take pictures and not worry about additional gear or think about the future, but rather are living for the now.

DSLR if you plan on doing more with this over a period of time and do plan for the future. Buying a point and shoot is buying a camera. Buying a DSLR is buying a system. For today and beyond.
To me, it's not nearly that simple. With the excellent IQ gear available from the cheapest P&S through the most expensive full 'pro' kit and with the vastly different needs of the individuals, I don’t see any such differentiation. Many DSLR buyers are simply looking for the flexibility and will never use anything but the kit lens. Especially, with the new EVIL/ILC systems filling the gap between the true DSLR and the high end fixed lens, the hardware difference is also gone.

Terry