Dear Nikon,
You seem to be pushing new camera models, but a camera system is mostly defined by its lenses, which Nikon 1 system is severely lacking. Trying to sell an adapter and forcing customers to have a small body on huge lenses is laughable at least.
N1 would make a perfect companion system or light travel one if it had few more lenses, primary something in the line of these (2.7 crop taken in consideration):

9mm-25mm f2 constant aperture zoom
8mm f1.8 wide angle
35mm f2.8 macro

you would do your sales and your customers a great service by including these.

I think Nikon is missing an opportunity. If the 1J5 had a built in viewfinder (preferred) or reasonably priced add-on finder, I would own it along with the very good 70-300. The new sensor is a huge improvement, auto focus is good, image quality is acceptable. Now they put their energy into DL and I see the logic in that since an all-in-one camera is more attractive. But a serious system camera with a 1" sensor will sell. It just needs the right feature set and the same controls found on larger cameras. The V3 isn't good enough and it's TOO small. I hope they don't give up on this mount, the system has a lot to offer if they'd turn it into a serious camera and not a high priced point and shoot.

Neat little camera and finally fairly priced. Too bad Nikon hasn't seen fit to release any fast zooms for it.

really looking like Nikon finally heading the right direction with the J5. It even eclipses the V3 in many areas. Now we need some for real good optics among the 1 Nikkor range

Thanks for review, it was excellent and very informative.

One thing that needs to go. The power zoom the screen sucks enough power. Power zoom not needed

This is what the J1 should have been (or even the V1) - a straightforward design instead of the offbeat offerings on most so far with odd control positions or even controls missing and buried in menus. Looks small enough, and cheap enough, to replace my Canon G12 for a compact walkabout camera.

Any information regarding using external flashes? IT would be nice to disable the TTL of the in build flash and fire it a small power just to trigger an external flash
Alex

@dark goob:

It´s "selfies" not "selphies". ;-)

Got cha; now, it seems you are as good at spelling as you possess knowledge for real about what Nikon 1´s are capable of.

My sister has a V1 to her and her family´s great satisfaction. It focuses faster than my OM-D E-M5 does with native m43 glass...and images are GREAT seen on a computer screen or on a large hi rez TV!! Period.

Of course noise at hi iso or at dark shooting conditions is worse than from the M-5 but they are different kinds of cameras/systems, so for those who need/want the speed and size advantage the 1-series is absolutely not "sh*t" like you seem to believe. "Believe", not know!

(I may have spelled something wrong, but English isn´t my first language)

End of rant, just had to...

I'm not so sure about 4K at15 fps... it seems too fast. I'd prefer 5 fps. Slower is always safer, that's what grandma used to say.

Hopefully Nikon releases some fast zooms and primes. One of the biggest turn offs for me was the size of Olympus and Fuji pro zooms which defeat the purpose of having a smaller body. I think the future of mirror less rests with 1 inch sensor where more practical sized lenses can be produced.

Funny to see comments like these right next to each other:

"4 years later and still pointless."
"Looking pretty darn good!"

This isn't meant to be an enthusiast''s only camera. Use your FF OR DX for when you need IQ. Use something like this for its speed that currently no other format can match.

So, I preordered the Panda and a 1 NIKKOR 18.5mm f/1.8 for my street photography.

Compare it to the Lumix GM5. The J5 is much better looking.

Simon97:

But Aptina is still making sensors. (Even if some other party owns the company.)

As for the 18MP sensor it's excellent at high ISOs in raw. And then it's possible to get vastly different results in raw. Example my raws are much better for noise than those that DPR posted. And I repeated this oddness. It's a bit of a mystery.

Now I didn't look at/shoot low ISO examples from the V3, so what you say about low ISO raws could be true. The Samsung NX1 has a similar problem between ISO 400 and 800.

Simon97:

But Aptina is still making sensors. (Even if some other party owns the company.)

As for the 18MP sensor it's excellent at high ISOs in raw. And then it's possible to get vastly different results in raw. Example my raws are much better for noise than those that DPR posted. And I repeated this oddness. It's a bit of a mystery.

Now I didn't look at/shoot low ISO examples from the V3, so what you say about low ISO raws could be true. The Samsung NX1 has a similar problem between ISO 400 and 800.

I said it before and I say it again: No Viewfinder, no buy. Its that darn simple.
Another one: No raw format, no buy. Its the "Simple Checklist if Thomas will buy the new camera."

Ever since I dumped the V1+2 zooms for 40% of purchasing price I monitor the Nikon-1 development with some astonishment: What are they thinking? The dynamic range in the V1 was nice, the fast AF was indeed prime class, but the shot-to-shot time was abysmal, so was the up to 8sec waking time of the V1. That was the deal killer in the V1 for me. And than came the Mr.Robato and Homer Simpson designed V2, arguably the "most ugly shape ever devised by any camera maker". I just dumped the V1, be gone, good riddance.

Funny thing is with Dark Goob's extreme prejudiced views is that people will discount anything he says because they are so prejudiced!

They don't even have humour or irony to make the rant even slightly amusing to read.

2 out of 10 is my score on his comments and I'm being generous.....

I'm assuming this is an Aptina sensor still. Can anyone verify?

Don't fool yourself. Nikon 1 cameras are, and will always be, JUNK.

It was then:
FUJI X100 = Leica M Body + Fuji sensor

Now:
Nikon 1 J5 = Pana GM1 body + SONY (?) sensor

But:
At least that Fuji's sensor is developed by Fuji self so does Pana.

BTW:
Pana GM1's kit zoom is much wide/useful than Nikon, not mention M43 sensor is larger than 1" even (possibly) this J5's body is larger than Pana GM1.

Not bad as a later start.

With this camera the J series makes sense for the first time to me. But the ambition of J 5 design in N1 concept, although likeable, is very bold, so bold that it borders on naive. But this naivety or boldness makes sense from Nikon. And what makes sense can succeed somewhat. But mainly it makes some sense and it even seems to have got a little seed of mission in it. When something makes sense it keeps its dignity.

seems a good camera, and priced nicely

Why bash the camera, it has a reasonable price at launch. It has a price of a Sony RX100 with good specs and looks. This might be larger than the compact but this is insanely fast.

I criticized the previous 1 series cameras because they were priced in a vacuum, as though, they don't have competition with the same format and larger formats.

Pixel peeping this would be fun too as it might approach m4/3. We will see.

No selfie mode - me not buy. Oh wait - it has it - check.

Only a fool would buy this camera

4K @15 fps?

BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Come on Nikon, who are you kidding? Might as well be 5 fps, useless anyway.

And the DPR review is when?

Great, another Nikon 1 failure. It will be half price in 3-6 months time at Amazon/B&H.

Sweet Jesus, ok Nikon give me some fast primes and I'll dump my Olympus and Sony bodies !!!!

Holy crap that is one sexy camera. I have the J4 and its my favorite mirror less camera.

Guess I won't be getting any 1 lens at fire sale prices to go with my S1

just sRGB, and 1/60 flash sync. sounds strange, but on the other hand, for this typ of camera it´s enough.

This one looks great. I pre-ordered it from Adorama. It's great to see that Nikon is warming up to this design and feature set which is right up there with Panasonic and Olympus. Time to start collecting some Nikon 1 lenses.

Looks great. Hoping the dynamic range is better on this sensor. Nikon is taking the 1-series in the right direction now!

If they can make a V4 in a similar form-factor, maybe just a little bigger due to the inclusion of a viewfinder, that would be a winner for me.

Nikon continue their pursuit of speed over image quality I suspect. 20megapix and lots of PDAF all on a 1" ?

Nikon will sell more units to upgraders if they offered body only at around $300-350.

Specs of this bode well for the next V camera IMO.