Nikon 1 J2 Interchangeable Lens Camera (ILC)

The Nikon 1 J2, announced on August 9, 2012, is an evolutionary upgrade to Nikon's first mirrorless camera, Nikon 1 J1, announced in September 2011.
The J2 is identical in size and weight to the J1, uses the same 10.1 megapixel CX format (13.2 x 8.8 mm, 2.7 crop) CMOS sensor and features the same hybrid (CDAF + PDAF) autofocus system, and the 1 mount as its predecessor.
Improved features include a 3-in, 921K dot LCD (3-in, 460K dot LCD on the J1), a new scene selection mode has been added to the four original shooting modes (P/S/A/M), allowing for scene selection from a total of eight options.
The J2 comes with the same 10-30mm f/3.5-5.6 kit lens as the J1.
The J2 biggest improvement perhaps is its more competitive price - $549.95. The J1 with kit lens initially shipped in the US at $649.95.
Interestingly, Nikon doesn't plan to discontinue the J1.
Nikon has also announced another 1 mount lens: Nikkor 11-27.5mm f/3.5-5.6 priced at $189.95 which is nearly 30 percent smaller and lighter than the kit lens. It will ship next month.
Read a more detailed writeup on the Nikon 1 J1 here. As we said earlier, most of J2 features are identical.

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