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Simple in my mind.....A flasher is a necessity and a Camera is a luxury.
I have both and the flasher is a much better tool than the camera. The camera is a lot more work to set up correctly, sure you can see the fish actually hitting your bait, but if there is suspended fish you won't see them. I only use my camera in my perm shack when I plan on sitting over the same holes all day, but i still always have the flasher in the water. If you want to be mobile I would def. stick with the flasher for sure. There is always time in the future when you can buy a camera to play around with.
come on no one has gone out in a group that has had both systems or has used both