Samsung is said to be considering developing an Android based camera for the simple fact that their smartphone is Android based. Not surprising a move as we have seen Samsung trying to achieve smart devices standards for all their devices including home appliances like fridges and TVs. What would be surprising is running these smart devices on Android after the hint that Samsung is hard at work making their Bada-Tizen OS fluid for use in most of their smart devices. But the OS of choice is just a consideration, not a fact, things could change, remember there was speculation that Samsung Galaxy S III would be a Bada/Tizen device. We can only wait to see outcomes, as Galaxy S III is reportedly already in production, wont be long before we get more tangible info on the specs.
As for the smart camera, this would add value as you would find sharing, access to internet and storage within the camera revolutionalized. The camera would leverage the power of the internet with (my assumption) Wi-Fi access as an option hence access to editing apps, sharing and even cloud storage. What Nokia showed with the 41mp camera is that things can be overhauled. The phone becomes the main thing and a high quality camera as an add-on. An android camera would be a definite way of hitting back at Nokia 808.