Excerpt: If you are used to a pro or enthusiast level DSLR this will feel a little "cludge" at first. After you figure out how you like the camera set and leave it you'll be fine. I purchased this camera to carry when I didn't want to lug my full frame Nikon bodies around, plus I was fascinated at the thought of using the FT1 to photograph wildlife with a 2.7x crop factor.
Pros: Fast / Accurate Auto-Focus, Fast Shutter Speed, Good Image Quality, Good Image Stabilization, Quiet
Cons: Needs More Exterior Dials, Short Battery Life
Excerpt: I purchased the Nikon 1 V1 (refurbed) with the 10 to 30 mm kit lens and have been pleasantly surprized by its performance. The electronic view finder senses that the camera is at your eye and turns on automatically. nice touch.<br /><br />i shot for a day at an indoor men's conference without flash and was able to get quite accpetable results. not as good as my D600 with an f 1.4 50 mm lens, but still quite good.
Pros: Fast / Accurate Auto-Focus, Good Image Quality, Good Image Stabilization
Excerpt: When the Nikon Series 1 system first came out I wasn't sure I would spend that kind of money for a very small sized sensor mirror less camera. I shoot Canon for my pro work and I always tried to stick to the Canon system, but after a major disappointment with the EOS M (mainly because of a goofy UI not for lack of image quality) I thought I was done with this category of cameras.
Pros: Decent battery life, Fast / Accurate Auto-Focus, Good Image Quality, Large Clear LCD, Very Good 1080p Video
Excerpt: I bought this camera out of curiosity! I own a Sony RX100 which also has the 1" sensor. I wanted to see what Nikon did. The fast action is truly amazing. It's also very different in approach. Not your usual PASM on the dial. What I wasn't counting on is the excellent photos it can take. Really good. I don't like not having a flash built in, as I like to use flash when taking pictures of folks in the "wrong" direction (into light).
Pros: Fast / Accurate Auto-Focus, Fast Shutter Speed, Good Image Quality, Good Image Stabilization, Large Clear LCD, Love The Evf, Quiet
Cons: Hard To Not Use Auto, No built in flash, Noisy At High ISO, Point Focus Hard To Set
Summary: My motive was an to upgrade from a P&S (Canon S100). As far as quality of photo is certainly is an improvement. The surprise is that it is more of an improvement than expected. And the price is very good now that the V3 was announced. I compared a couple of photos taken side by side with the V1 vs my D5100 and after making some minor exposure and contrast adjustment to make them as alike as possible, I printed the results.
Summary: As far as DSLRs go, you may not need one as big as a full size. These smaller mirrorless Nikon cameras are truly amazing for the price. With interchangeable lens, you can buy what you need for whatever suits your needs. It doesn't come with a built-in flash, but the speed-light flash (Nikon SB-N5) is a far worth while buy. If you want a DSLR, but not the size and complexity of it, Nikon 1 V1 is the way to go.
Excerpt: There's really nothing bad about the functionality of the Nikon V1. Its weakest point is low-light performance (which seems on par with my first DSLR — the Nikon D50). It works great with Nikon AF-S lenses using the FT-1 adapter, and the 1 system zooms are tiny and quite competent. All the Nikon 1's problems come from its bizarrely awful user interface. Why they didn't just put a PASM dial and a command dial on the sucker I don't know.
Summary: I got this camera for about $400 and at this price it's a bargain. It's not pocketable, and probably wouldn't be even with the 10mm f2.8, but it's light enough for me to carry it with me every day in my computer bag (along with the 30-110). I also have the FT-1 adapter and have taken some excellent shots using my 70-300mm lens. Low light performance is the weak point (especially with the slow lenses).
Excerpt: SHORT VERSION The Nikon V1 is a small, light, well-built camera that takes very good photos and video clips, and is a lot of fun to use. It has a few operational and handling quirks that can sometimes be quite annoying, but overall it is easy to use. It is a very good camera for 95% of my needs, and I highly recommend it.