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Nikon has just announced two new 10-megapixel SLR-like cameras, the Nikon V1 ($900 with kit lens) and Nikon J1 ($650 with kit lens), the first models in a new product category for the company. In doing so, they've joined most other major SLR camera manufactures—excepting Canon—in producing an SLR-like type of camera.
Like most models in this category, the J1 and V1 are small, compact, and lightweight, but they include sensors that are larger than those of basic cameras. They also let you use interchangeable lenses, just like SLRs.
The two new Nikon cameras have a lot in common:
The Nikon V1 and J1 SLR-like cameras will be available in late October.

The Nikon V1 (photo: Nikon)
—Terry Sullivan
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