Sony NEX-3N

Along with the Yeti and UFOs, the Nikon D400 has been long-rumored and much-anticipated.

Nikon’s compact interchangeable lens camera line, Nikon 1, has met with decidedly mixed success. Its small-size, extensive features, and reasonable pricing have made it a popular backup or “pocket-size” alternative to a full-size DSLR. However, Nikon’s choice of a relatively-small 1” sensor in the cameras has reduced their image quality to that of a high-end point and shoot (like the Sony RX-100, that features the same size sensor). Now Nikon has decided to push its luck a little further, with the same small sensor packaged into the new, feature-rich Nikon 1 V3 …

As if point and shoot cameras weren’t having enough trouble, Sony is now selling a mirrorless camera with an APS-C sensor for $350 with a 16-50mm lens. The Sony NEX-3N features a 16MP sensor and BIONZ image processor. You can jack the ISO up to 16000 (although with noise of course) and it shoots 60 fps video at 1080i.