I understand and agree with the authors comparison but may be we are comparing apples and oranges here. Blink and other "complete wireless & budget cameras" are a niche and different category. The average consumer does not need the full video surveilleance of their homes 24 hours a day. We know what is happenning in our homes as most of the time we live in them, and the rest of the time when we are not in our homes the only valuable moment to record is when there is a movement. Our homes are not bank offices or casinos where we need to record every second. So what these cameras are useful for? As an advanced burglar alarm system, when you are leaving your home just set it up in front of your door entrance and it will alert you and give you visual evidence when someone enters. Watching the baby for a short duration of time when you are at work. The advantage of carrying and placing it within any place in your home without wires attached is a huge advantage as well (which dropcam and others lack)
So I believe these products will be more common, with more added features may be, such as noise alarms (baby cry or glass break), temperature sensors, air humidity and air quality sensors, etc.
I dont think they should be named as cameras as well, they are compact home monitoring systems in my opinion.