I love that digital media often imitates analog. As a blogger, I use iPhone snapshots in my content for the sake of convenience. I'm always surprised when readers compliment those low-res, unedited images -- straight from a phone, no less.
Having just read a book called The American Snapshot 1888-1978, I sometimes wonder if phone snapshots may, one day, have significant impact on photography or perhaps stand alone as an art form. Snapping a picture with a phone is a casual gesture -- an un-intimidating action clearly not limited to professionals. A camera snapshot is generally taken for personal use and appreciation -- much different from producing a quality image to be shared and scrutinized by the public. Whipping out a phone to take a picture implies a much different intent than handling a bulky DSLR or an eye-catching film camera. So there is a distinct casual effect in using a camera phone.
I'm not convinced that a low quality phone snapshot can be any less meaningful than a crisp, high-res image from a DSLR or film camera. Each camera may capture and portray a meaningful moment in a unique and valuable way.