Take a look at these shots from Gizmodo. They show pics from the iphone 4, the evo, the droid x, and a canon point and shoot. It pains me to say it, but the x loses.
iPhone 4 Camera Against the World - a set on Flickr
I am really hoping this isnt the case. The Droid camera dissapointed me so much, I would hate for this camera to be awful as well.