I guess I've been out of touch. I've never even heard these terms before.
As for my needs, I am looking for something that's conveniently portable. A daytrip/vacation camera. Not professional photos, just something better than my point & shoot. I like a high resolution because I try to crop aggressively. I like colour, texture, flowers, bugs, playing with depth-of-field and postcard scenery to put in my gallery (5x7 prints but maybe I'll go up to 8x10).