Nikon unveiled a new compact system camera tonight called the Nikon 1. The system, which consists of two compact camera bodies, which both use new 10-megapixel sensors in a new Nikon-designed CX-format (13.2x 8.8mm) — is aimed at consumers and prosumers and includes four lenses: a 10mm f/2.8, 10-30mm f/3.5-5.6, and 30-110mm f/3.8-f/5., and 10-100mm f/4.5-5.5 “power zoom” lens. The J1 will retail at $649 and the V1 at $899. Available next month.
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