Odd. I've been seeing quite a few good reviews on these cameras. The bad stuff I've seen has been mostly forum people over at dpreview who are just sour that this thing didn't turn out to be the D4 or D800 so they find the one flaw in whatever review and focus on it. (Even though the reviewer justifies the flaw with reasoning.) Do I expect the same performance as my dslrs? Not really. I just want better IQ than what I'm seeing from all of the P&S's I've handled so far.

What has me interested in this camera is that I do use Nikon front to back in my workflow. I shoot NEF and process in ViewNX and CaptureNX. (Then maybe also some Nik software at the end.) The 1 series cameras list their RAW files as being NEFs, unlike the P7100 which uses the lighter NRW format. I've found someone who has had their hands on a J1 already and has verified that I will be able to use my custom made picture controls from my dslrs in the J1. That is a huge bonus as I have some monochrome controls that come out just gorgeous. (I originally made them to give me a general idea of what to expect the final product to look like once I've processed the NEFs in other programs but some of the SOOC have come out so well that sometimes I don't touch them.) The J1 has manual settings. They aren't as handy as I'd like them but at least they are there.

Then I came to the size of the body. It's the height and width of my cellphone and maybe twice as thick without a lens mounted. Makes it easily stashable in my daily shooting bag. And yes, with the FT1, it is compatible with one set of lenses I already have. (I've heard the adapter will only work with motorized lenses. Try mounting one that isn't the body won't even shoot. That's the rumor so far but seeing as I do have one set that is, not a worry for me.)

For me, it just makes sense. Especially if it really produces the shots that I've been seeing pop-up in reviews and on Flickr. I've been wanting something smaller than my dslrs but better IQ than the P&S's I've tried so far. I'll definitely still carry my D700 with me as much as I can but this will be a nice little back-up in a lot of ways.