Nikon has announced a new addition camera in their '1' line.
-New 14.2mp sensor
-New Expeed 3A processor
-Hybrid AF system
-15FPS burst rate in AF-C, 60FPS in AF-S
-Capture stills and full HD video simultaneously
A new SB-N7 flash has also been announced.Watch Engadget get a thorough hands-on walkthrough here.
Seems like an impressive list of 'premium' features for such a camera. When Nikon launched the 1 series with the simplistic control system and smaller sensor size, I thought they were not too interested in the higher end mirrorless camera segment. Hope the smaller sensor doesn't let it down.