I really was hoping for a jump in quality from my 3Gs to the 5 - and yes, it is a little less grain, but the color is off, also pale and it does not come close to the worst P&S. Today while in the ATT store, I shot a picture with the Samsung Galaxy Note and OMG it was like a good P&S!! SO different than the mush of the iphone 5. I also took one with the Galaxy 3S, it was very "ghosty" but it is very possible the lens was dirty so I would have to clean and re-shoot with it to be fair. But I was SO impressed by the Note - and it's 1/2 the price. Click to enlarge each.
iPhone 5:
Samsung Galaxy Note:
iPhone 5:
Samsung Galaxy Note: