I wasn't there to actually hear Vanjoki say anything, but according to other blogs he said to a photographer in the audience that "soon he wouldn't need to lug around all those lenses (and his DSLR) any longer, since Nokia camera phones would be good enough to replace them). This does implicate that he meant the quality of photos produced by camera phones would be higher or as high as that produced with a DSLR in the near future(?). He didn't actually say when - I see now that the 12 months estimate was about HD video in camera phones and had nothing to do with the replacing of DSLRs.