Look at this interesting on-line post about how fashion photographer Lee Morris used an iPhone to achieve some amazing results, and didn't tell anyone until after critics had a chance to critique the photographs. Yes, click the link, read the article, watch the videos, and come back.
Does it matter at all whatsoever what camera Lee Morris used? As long as the photographer got the results that he desired, it makes no difference what tools he used. Or how much those tools cost.
Look at this, photographer David Burnett used a Holga camera, which can be found on eBay for $20, to capture an award-winning image that was displayed in the Corcoran Museum of Art in Washington D.C.
Who cares if a camera cost $50 or $5,000? In the hands of a skilled photographer, any camera is capable of creating amazing works of art.