More pixels can improve highlight definition, where noise is not an issue (lens quality allowing). Usually this comes at the cost of light collection efficiency (which is in the first place the main advantage of digital capture IMO). This is due to the dead-space among the pixels, as without the dead-space it would be possible to resample the image to a lower pixel count with very little loss (and in particular to recover the noise statistics of a lower pixel-count sensor). So without dead-space more pixels with sensible processing would be harmless, but that is not the real world.
Sometimes, however, a new chip/microlens layout comes along, increasing the light collection efficiency a little, and reducing the penalty from the dead-space. When this is done having more pixels can be better. (A good example is the jump from the EOS 300D to the EOS400D - I have both and have convinced myself that the advantages of 10MP outweigh the disadvantages.)
As is often the case in this marketplace, the really important quality measures are hiden from the customer - sensor size and light collection efficiency should be the main parameters on which manufacturers compete.
Except, perhaps, by implication from noise statistics in RAW images (rarely available), or just maybe by considerations of native ISO, it seems impossible to discover the light collection efficiency of competing sensors. There should just be a clear statement: e.g. this camera has an APS-C sensor with xx% quantum efficicency on the YYY standard (I do not think there is a real standard for this.)
Pixel count can then be considered at the next level.
I realise this ignores the significance of noise reduction algorithms when in-camera jpgs are used, and is obviously not going to happen in the real world anyway (I can dream).
Perhaps the best comparison would be a standardised "information content" measure. Such a measure could probably be constructed using a test chart with perhaps a pseudo-random pattern. Analysis of the resulting image could reveal the preservation of signal data over noise.
This would show whether more pixels were adding or subtracting from the image content.
Unfortunately it could be months of work to construct such a test and make it reliable (I'm not tempted).
Your 99% may be correct, but there are also the 0.01% (?) who dream about an informed market!
Ken
By my count, 99% of the camera buying public buys into the "more MP
is better" ploy. Every time they jump the MP up, the 1% crowd
lambasts them. But everybody else races to the store (figuratively)
to buy 'em.
If you don't like this statement, you are probably part of the 1%...