Nikon Announces Nikon 1 Mirrorless Cameras

...with a proprietary hot shoe. Oh, and a teeny tiny chip, too. It'll take your DSLR lenses, with only a 2.7x crop factor.

Really, Nikon? Clearly this thing is not a replacement for a DSLR. But what does it compete with? I use an iPhone (and a Canon G-series) for everything else.

Really hard to understand what they were thinking on this. My thoughts pretty much echo those of Charlie Sorrel at Gadget Lab.

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