The announcement of the new Nikon 1 v2 mirrorless camera is just around the corner. This may not come as a surprise after the huge price cut on the Nikon 1 v1. According to rumors from various sources the v2 might not just have a minor upgrades over the current model as previously said. A newly developed sensor for better low light performance, additional features like WiFi and GPS are expected. Some expect the new camera to be announced before the end of the year.
For now the v1 kit is retailing for about $499 which comes with a Nikkor 10-30mm VR Zoom Lens. This is a great buy as the V1 is still a great camera that is capable of shooting whatever it is you need.