Shutter latency is the single thing keeping point and shoot cameras, or smartphone cameras, from truly dominating.
That depends on the use case. A couple years ago I took a train ride across the country, taking photos from the observation car with a P&S camera. The shutter latency was absolutely infuriating.
On the other hand, when I'm doing a landscape on a tripod with remote shutter release, I wouldn't even notice if it took an extra second or two.
IMHO, the biggest thing is control, of which shutter latency is just one facet. All the other stuff about aperture, ISO sensitivity, pre-focus, etc. come into play in various use cases.
That depends on the use case. A couple years ago I took a train ride across the country, taking photos from the observation car with a P&S camera. The shutter latency was absolutely infuriating.
On the other hand, when I'm doing a landscape on a tripod with remote shutter release, I wouldn't even notice if it took an extra second or two.
IMHO, the biggest thing is control, of which shutter latency is just one facet. All the other stuff about aperture, ISO sensitivity, pre-focus, etc. come into play in various use cases.