I have both (my wife got tired of me not sharing the 1, so she bought me a 2).

Honestly, I don't see any difference in speed. Apparently, the 2 can handle larger photo file sizes, but I never really had a problem with the 1.

The camera on the 2 allows me to use USAA deposit @ home, otherwise, I'd never use it.

I guess that's a long way of saying that it's about the camera IMHO, if you need/want it, the $100 is worth it