By now, everyone has seen Nikon's entry into the mirrorless digital camera market, which is currently dominated by Olympus. I still don't understand Nikon's rationale of developing a sensor size that's between Olympus/Panasonic's 4/3 and compact cameras. While it's fast to focus, has interchangeable lenses and is pretty small (even though the V1 is really even bigger than the Olympus EP-3), you can't really fight against physics here. A small sensor just doesn't produce images as nice as the 4/3 or APS-C sensors. There's just no way.
Sure it's acceptable, but when is acceptable good enough? And why would a home user (which Nikon keeps emphasizing is their target market) choose the Nikon 1 over any of the 4/3 line of cameras when they are priced the same?
With Nikon's entry, Canon is now the only major manufacturer who hasn't jumped onto the mirrorless bandwagon. Some say they won't at all, some say it's a matter of time. Me, I'm looking to upgrade to a Full Frame sensor DSLR so while a more portable APS-C sensor camera that can take my EF/EF-S lens sounds incredibly cool, I think I'll hold out for the Canon 5DMkIII instead. :D
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