I have a p&s(Canon s90) and a dslr(Canon rebel xsi). Each has it's purpose.
Just remember, at some large venues, they prohibit "professional equipment". I don't even try to take my dslr with my huge white telephoto lens into any sporting event or paid concert, unless I have approval prior to the event.
Edit: JKlatsky has the same lens I am refering to as my "white telephoto". That 70-200 zoom telephoto is known as one of the sharpest zoom tele on the market.
To the OP, define your budget first and then I think people could help you out more.
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Last edited by unloader; 11-11-2010 at 10:44 AM.
Reason: Added content