It will, if you get a clear case (never got one since magsafe, because I think it makes them fugly)
I think that camera hump looks just idiotic. Why not make it so that the lenses finish flush with it? Personally, I don't care about weak phone cameras at all, but I care about form factor. So I'd rather have a single small, flush lens than this abomination. Sure, it's going to make better photos this way - in relation to an even worse camera - but in the end, they'll still look like overprocessed phone pics made with a tiny lens on tiny photosites. So, in my case, it will have impact on my purchasing decisions.