When perceiving details, the eye goes to color saturation and contrast first, dpi resolution last.
Inescapable eye-brain physics and why I'd stack a good 3.2 MP point and shoot (larger sensor) against any of the phone wunderkind cameras and win for overall quality.
The megapixel myth is just that.
If you capture more pixels and think that is the critical factor in final perceived detail, it's like saying that a Rubik's cube is solved because you have just one side all the same color.
I still maintain that unless HTC gets it right, rooting and getting rid of the compression is needed to get the most out of an HTC camera.