Most situations that call for a full-featured camera are also the situations where it's too inconvenient to bring along a bulky DSLR — hiking, concerts, parties, weekend trips. The Fujifilm X-M1 Camera ($800) packs all the features you'd look for in a camera into a size that can go anywhere. It features a 16 megapixel CMOS sensor, a three-inch tilting LCD screen, and supports most Fujifilm lenses. Wireless image transfer lets you to download up to 30 images at a time to your iOS or Android device. At less than one pound, and under five inches by three inches by two inches, it's half the size of a typical DSLR.
Regardless of how good of photos you can shoot on your iPhone, there are some situations that just call for a DSLR. The Pentax Q7 Camera ($500) presents a great compromise between size and features for when all you want to do is shoot great photos on the move. It's the smallest interchangeable-lens camera, and comes packed with everything you would expect from a full-sized camera — adjustable aperture and shutter speed, manual and auto focus, a three inch LCD screen, and a 12.4 megapixel CMOS sensor. You can also customize the body and grip in 120 different combinations, letting you really make it your own.