I'd stick with that logic if I were you. No fewer than twice, and probably more if I care to jog my memory, I've bought point and shoot cameras to bridge the gap between my DSLR and phone. Bottom line, they all simply gathered dust. Basically nothing is a pocketable as a phone and once I'm beyond it actually fitting comfortably in my pocket I'd rather just carry the D7000 and be able to use it like a real camera. And my logic also gets highly tripped up on the idea of spending as much on a P&S as I would upgrading the D7000. Anyway, obviously opinions differ but cell phone cameras have gotten so good at this point that they really do cover a lot of ground for the casual photog. I've printed 24x36 poster quality prints from my GS5 and iPhones alike. In my book, that's good enough.