Skill of photographers are important. Cameras are important. Lenes are important. They all are very important.
Good photographer would know about his gears. A good photographer who intends to bring out high quality gradation and DR wouldn't be limiting himself with P&S. A good photographer who intends to make large prints won't be limiting himself with low MP cameras. A good photographer who needs compactness won't be limiting himself with big dslrs.
It's about knowing your needs and wants. As for me, I won't shoot shit with P&S because it just doesn't cut it for me. Though it is so, I know P&S works better for those who have different goals. As always, different people have different needs.
I know a photographer who makes breathtaking photos using a large format film camera. He has to use that kind of camera because he makes use of 8+ hours long exposure and huge prints. You don't give him dslr or P&S expecting him to make good pictures: he won't be able to do shit and that doesn't mean he's not good. You don't give Ansel Adams a Leica, Bresson a large format camera and expect them to bring out the kind of pictures they have come up with.
As for
speedy2's pictures, I must say they're very great...on the web. What if you intend to make very large prints? If so, he would've been far better off with different and better cameras. If I were speedy2 who took such nice pictures with P&S, I would have been kicking myself because I know its limitations won't work for me. This, however, is meaningless if that is not what speedy2 is going after and I respect that.