Overview


Nikon has just announced the Nikon 1 V2, an update to the existing Nikon 1 V1 mirrorless camera that was released last year. Unlike the disappointing J2 release earlier this year that had almost no improvements over the J1 that it replaced, the V2 seems to be a much bigger upgrade. First, the camera body went through a complete rework, with a different ergonomic design of a much more serious camera. The camera grip looks similar to those found on Sony NEX series mirrorless cameras and there is now a dedicated PASM Command Mode Dial on the top of the camera. A small built-in flash is now included in the body, with an additional hot shoe that allows mounting Nikon 1 speedlights, similar to the also newly announced SB-N7 speedlight.

Although I called this article Why DX has no future, I believe it applies to all cropped sensor DSLR cameras, not just Nikon. Earlier in 2012, I wrote an article called “The Future of Digital Cameras“, where I shared my thoughts on what I think will happen with DSLR, Mirrorless and other camera technologies within the next few years. One of the main points of the article, was my opinion on DSLRs and why I think they are here to stay for a long time. I did not clarify what I meant by DSLRs, because the DSLR technology defines how the camera works, not what type of sensor or features it has.

As I am sure you already know, DSLRs today come in different sensor sizes. There are expensive, pro-level DSLRs with full-frame sensors equivalent to 35mm film in size, as well as cheaper DSLRs with much smaller sensors (about twice smaller in size than 35mm, generally referred to as “APS-C”). Historically, DSLR manufacturers have been producing APS-C cropped-sensor cameras for three main reasons: lower cost, smaller size and lower weight. The smaller size of the sensor meant that the camera’s internal components such as the reflex mirror could also be made smaller and the entire frame of the lens did not have to be used, making cropped-sensor DSLRs and lenses lighter, more affordable and a little more compact in comparison (see my DX vs FX article).
With personal computing making its way to phones and tablets, instantly reaching millions of people, the message has been clear – people want smaller and more capable devices. This change in consumer behavior is very obvious. If just a couple of years ago the general population was carrying compact digital cameras to capture their everyday moments, now most people just resort to smartphones with built-in cameras. We live in a very connected world today and people are willing to give up a little on quality, as long as they are able to instantly share a picture or video with friends and relatives. They do not want to carry multiple devices – convenience has become hugely important. That’s what has been shattering the compact camera market for sometime now and as I have previously pointed out, I believe the small sensor compact market will pretty much disappear within the next few years.
Today, Nikon released a firmware update for their popular Nikon 1 J1 and V1 compact system cameras. Updates bring minor improvements to camera operation and fix a couple of bugs previously affecting some of the cameras. Here is the list of changes for both J1 and V1:
Also, the following issues have been resolved:

You can download the new firmware for your J1 from the official Nikon Support website by following this link, and if you have the V1, this link is where you need to go.
If you are currently thinking about buying either of these great little cameras, maybe our review of the V1 will help you decide?
The Nikon 1 30-110mm f/3.8-5.6 VR is a consumer-grade telephoto lens designed for the new Nikon 1 camera system to complement the Nikon 1 10-30mm f/3.5-5.6 VR kit lens. With its focal length of 30-110mm on the Nikon 1 CX sensor (2.7x crop factor), its coverage is equivalent to a 81-297mm lens in 35mm format. The variable aperture of f/3.8-5.6 means that its maximum (largest) aperture changes between f/3.8 to f/5.6, depending on the focal length. It is a very lightweight lens, and similar to interchangeable lenses from other compact mirrorless camera manufacturers, the lens is collapsible, which also makes it quite compact for travel and transportation.
The Nikon 1 10-100mm f/4.5-5.6 VR is versatile 10x superzoom lens specifically designed for shooting movies on the new Nikon 1 camera system. It is the first Nikkor powered zoom lens with a voice coil AF motor that makes no audible noise when zooming in and out while recording videos. Unlike other Nikon 1 system zoom lenses, the Nikon 1 10-100mm VR lens has no zoom ring; zoom action is controlled by a switch on the side of the lens with three adjustable zoom speeds. This is done to prevent any additional lens shake that is caused by rotating a zoom ring on regular lenses. With the Nikon 1 10-100mm VR lens, you can get closer or further away from your subject very smoothly and naturally – the new AF motor is designed in such a way, that it prevents abrupt stops. Plus, the latest generation of Vibration Reduction technology further helps to keep the camera and lens steady, preventing jittery movements and reducing blurry images. With its focal length of 10-100mm on the Nikon 1 CX sensor (2.7x crop factor), its coverage is equivalent to a 27-270mm lens. The variable aperture of f/4.5-5.6 means that its maximum (largest) aperture changes between f/4.5 to f/5.6, depending on the focal length.

The Nikon 1 10mm f/2.8 is a consumer-grade pancake lens designed for the new Nikon 1 camera system. Designed to be an ideal companion for the compact Nikon J1 and V1 camera bodies, it is currently the smallest and the lightest lens from Nikon. With a fixed focal length of 10mm on the Nikon 1 CX sensor (2.7x crop factor), its coverage is equivalent to a 27mm lens in full-frame format.
The Nikon 1 10-30mm f/3.5-5.6 VR is a general-purpose consumer-grade lens designed for the new Nikon 1 camera system. It is bundled with the Nikon 1 V1 and Nikon 1 J1 cameras as a standard kit lens and cannot be purchased separately. With its focal length of 10-30mm on the Nikon 1 CX sensor (2.7x crop factor), its coverage is equivalent to a 27-81mm lens. The variable aperture of f/3.5-5.6 means that its maximum (largest) aperture changes between f/3.5 to f/5.6, depending on the focal length. It is a very lightweight lens, and similar to interchangeable lenses from other compact mirrorless camera manufacturers such as Olympus, the lens is collapsible, which also makes it quite compact for travel and transportation.
