Advantages of the Digital Camera	Disadvantages of the Digital Camera
No need for film.	A digital camera is more expensive than a film camera that produces similar results.
Minimize mistakes You can check your photos right after you take them and try again.	Higher energy consumption. Battery drains more quickly, especially in cold weather.
No need for scanner. You can transfer digital photos directly to a computer without losing quality. You can share your photos through e-mail or on the Internet easily.	Time delay. Startup delay. A digital camera takes a longer time to start up. Image capture delay. After taking a shot, some digital cameras will take up to a few seconds to record the image. As it records, you can’t take another shot. This can be a problem for action shots.
Flexible printing costs. You can choose to print only the best images.	There’s a limit to the image size you can develop.
It is easier to store, organize, and search for photos.	Poor lighting will produce noise (unwanted specks, grain, etc.) in then image.
The quality of the photos won’t degrade with time or as additional copies are made.	The product lifecycle is very short so finding compatible accessories can be a problem if the camera has been on the market for a while.
One of the best things about digital cameras is the small size. Digital cameras can be made smaller than film cameras because the CCD (Charge-Coupled Device) is smaller than a roll of film.
Another advantage is that they can be easily coupled with other electronic products since it is a digital device itself. The most popular combination is between digital cameras and camcorders. You can take still shots with digital camcorders or record movies with a digital camera.

Taken from 40 Digital Photography Techniques by John Kim