My expectation is, being able to make clean and clear 8x10 prints. Otherwise, I see no point in carrying one and shooting with it. I can do that with a decent point&shoot.
If it is an SLR, I expect more. I've made very VERY decent 11x14s and quite acceptable 16x20s. With an SLR, I'd expect flawless 8x10 and decent 11x14.
Please note, decent and flawless are quite subjective and they are subject to MY interpretations. No, I don't compare with digital results. Measurement and impression of "quality" is quite different.