Nikon has launched the 1 V2 - a more enthusiast-focused 1-series camera built around a 14MP sensor. The V2 adds a built-in flash and mode dial and more extensive front grip. It can shoot at up to 15 frames per second in combination with its hybrid AF system. It also has a configurable 'F' button to give faster access to key camera settings. The V2 uses a processor that lives up to the latest Expeed 3A billing. It also retains the V1's original list price of $899 with 10-30mm kit zoom. Nikon has also announced an accessory SB-N7 bounce-able Speedlight for the 1 System. The V2 will be available from late November, with the SB-N7 following in January 2013.
The camera's Motion Snapshot mode has been enhanced - now capturing 1.6 seconds of footage and playing it back over a 4 second period (rather than 2.5 seconds) - you also gain control over when the final still is taken during the movie, can select the background music after the clip's been shot and, most positively, can export the completed movie, still and music as a MOV file straight from the camera.
There's also a clever 'Slow View' mode that buffers 40 frames in a 1.33 second period when you half-press the shutter, then replays them on the screen at 1/5th speed, giving you a bit more time to grab 'the moment.'