Summary: I am Certified Professional Photographer and bought the V1 system as a walk around camera when the D3 is just too much. I find the V1 to be a well thought out system and the SB-N5 flash is great. Flash's for small cameras have always been disappointing to me as they do not have a bounce feature - this flash does and it is very usable. It has TTL which is quite accurate, or full manual. I use manual on the lowest power setting to fire SB-900s, or studio strobes.
Pros: Bounce capability, uses camera battery so very compact and light weight, TTL or full manual thru easy to get to camera menu.
Cons: Would like to see a little more power, but of course that would mean batteries in flash and larger size, so actually a good compromise as it is.
Summary: Works great so far. Even in complete darkness. Smaller than I imagined. Works with camera supplying power which is awesome because less batteries and chargers to worry about. Excellent accessory although I don't know why they didn't include one like the J1.
Pros: Small, lite weight, no extra batteries req'd
Summary: The camera is easy to operate and all the controls are very intuitive. From very close up to distance focus is accurate, quick, and easy, even in low light. The smart picture function is fabulous and gives an opportunity for pictures that would be impossible to capture except in a continuous shoot mode. The camera has that feature as well. It turns on with a twist of the lenses; push the button to focus and start capturing FANTASTIC pictures.
Pros: It has the weight and feel of the larger SLR cameras. Fully automatic - allowing me to concentrate on the composition. Simple controls. Large battery with good life. Picture review system with picture by date. Not really advertised. Quick focus system. Every function is simple to use. Compares to larger cameras with quality of photos.
Cons: It should have come with a case for the price.
Excerpt: This unit is smaller than one anticipates even after having seen photographs of it on the website. It is powered by the camera battery and once turned on manually from the rear can be controlled thereafter by the camera. Bounce lighting is fine in a room with 8-10 foot ceilings and white or light paint surfaces. Even direct lighting was reasonably pleasant.