It depends what kind of quality you are after. I will post a few pictures I shot with a Sony Cyber Shot 2.1 Mega Pixels. It is pretty old but the quality, I don't think, is too bad. I don't need anything more for my personal use.
(These are fairly large pictures so 56kers beware!)
http://www.sntr2.com/JPI/the%20sand%20pump/DSC00024.JPG
http://www.sntr2.com/JPI/the%20sand%20pump/DSC00003.JPG
http://sntr2.com/JPI/roc%20cruise/DSC00001.jpg
I also have an older 35mm camera. There is no comparision for action shots. It freezes the paddle tires perfectly when the sand pump is flying by. Stationary shots are a little better... but I don't think THAT much. I am perfectly happy with the quality of the Sony.
So just how serious about photography are you?
Oh and I guess I should mention that the studly guy in the dune buggy is me.:rotfl: