Just to clarify you mean low light based on the example you gave (stained water, thick ice, snow cover) or true low light as in dawn/dusk?
At dawn/dusk and especially in stained waters you can barely see anything and flasher is the way to go. During the day you can usually see at least 3-6 ft which is enough to help out.
I learned far more from fishing with a camera than I ever would have with only a flasher. If you have the money to spend it is worth it and will make you a better fisherman.
What I usually do is move around till I find something with flasher (fish, drop off etc) then drop camera down to confirm I am setting up in a good spot. Whether I use camera or flasher once set up depends on multiple factors (fish species, weather, how long I plan to fish spot etc).
Edit: Oh and cameras only really work well inside a tent. Usually tough to read the screens in sunlight.
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