Wow what a thread. I had to read the whole thing from the beginning again and it's kind of a time trip. Many people talked about "4-5 years in the future" and here we are right at the four year mark. So trippy.
Anyway, in my opinion, other than perhaps night photography, I don't really see vast improvements in the computational side of photography that were predicted in the beginning of this thread. In 2019 I was using an iPhone 8+ and now I use a 14PM and I don't really think my phone photos are substantially better now than they were then, other than maybe in terms of MPs. I guess they are a bit cleaner, and I have a better zoom lens built in, but I'm still not reaching for my phone any more often for a photo than I used to (other than maybe photos of my dog, and we did not have a dog in 2019).
I'm back pondering if I should stop chasing the phone upgrades for the camera improvements and just get another Fuji. I still often look through my photos taken on my Fuji with a lot of fondness.
I think "chasing" is a poor methodology personally. I have a lot of gear. I used to trade in old gear to fund new gear, but I've decided that I like photography too much to sell old stuff so now I just keep amassing different camera bodies and lenses. 😂 It's more fun (for me) that way and I'm lucky that I don't have to sell older items, which isn't the case for everyone and I recognize that.
That said, I don't typically buy gear just to have new gear. When I get new stuff, it's because it fills a void of something that my existing gear
can't do. It will be a specialty lens, or cover a focal length I don't yet have, or something just completely out of the blue like a $120 Instax camera, which gives me an entirely new look and feel from either a full fledged dedicated ILC or a phone.
I also do carry a camera with me everywhere I go now (although truthfully I don't go very many places that I use it spontaneously since I really only go to the grocery store or Costco on a regular basis). It's a fixed lens (the X100V that you traded in) and it isn't technically as versatile as a phone since it is a fixed focal length, and the phone has three focal length options, but I'd still use it every time over the phone because I value the image quality it gives me.
I give this by way of background to say that photography is my main hobby and I like to dedicate time to using what I have and photography is just a part of who I am. In the grand scheme of most people, I'm an anomaly, although there are a number of others on this thread who are similar to me. Then there are others on this thread who do not see the need or have the desire for a lot of gear and their opinions are just as valid as mine, despite being different.
All that said, you are wistful for your Fuji cameras. I'd encourage you to really think about what it is that you like about them. Most people aren't willing to carry a camera out just to have, even occasionally, unless they are on vacation or a specific photo-op outing. If you aren't willing to set the time aside to actually
use a dedicated camera, it's not going to do you any good, and you will be back here in another 3-6 months saying you've sold it and you're back to the phone only.
What is it that you miss specifically? File size? Depth of field/bokeh? Ergonomics? Lack of computational processing? Better raw handling? There are a litany of other reasons why one prefers a dedicated camera to a phone, but for you, having gone back and forth over the past four years, I think you really need to figure out specifically what you feel you lack with your phone and then proceed.
And maybe it's just knowing that you
can reach for a dedicated camera a couple of times a month that is enough to justify its cost. That's totally fine too. You are always going to need a phone, and if you can afford a dedicated camera setup, even if it's used rarely, that's a legitimate pathway to "better" (however one defines that) photography. Once it's purchased it's a sunk cost assuming you're a hobbyist, so if you can afford it and want it, then get it and use it when the desire hits you.