Bioinformatics should not exist! Neither as a field of science, not as a field of technology. It’s an artificial term attributed to all the computer programs and databases used in processing of biological data. The very existence of the term Bioinformatics comes from the communication problem between biologists and programmers: the first want to have programs that answer all the questions that they failed to answer in experiments, and the second write computer programs for the sake of writing, even if they don’t make any biological sense.
It looks like Bioinformatics is an excuse for the older generation of biologists who cannot learn how to use computers.
There are growing and interesting research fields like Computational Genomics, Molecular Dynamics and Modeling, Computational Methods of Systems Biology, etc. But those are not Bioinformatics.
Bioinformatics reminds me already disappeared profession of typist. Remember those ladies sitting in the numerous offices all over the world and typing letters or documents on the typewriters, just because the boss could not type himself? Now we all can do it ourselves with the help of keyboard and computer. New generation of biologists is well prepared (or should be) to deal with biological databases, plus the user interface of GenBank is much better now then it used to be.