Yeah, camera is a big sticking point for me. My HTC can open the camera app and snap a picture within the span of about 2 seconds. Never had a Motorola yet that would even come close to that, including the Droid 3. I hope the camera firmware has been redesigned to be faster on the Bionic.
Agreed, what good is 8 Megapixels if it takes 8 minutes to open the camera app and snap a shot. It seems as though no one at Moto know how poor the camera really is, so they continue to use it for all their Droid phones.
I've never tried it, but I have heard that adding an app greatly improves the picture quality... makes me a bit less worried about the bionic having the same hardware under the hopes that a software fix can still happen after purchase if it hasn't already happened.