Nikon has announced two new compact system cameras, the14.2-megapixel Nikon 1 J3 and the 10.1-megapixel Nikon 1 S1. Billed as the world’s smallest body among digital cameras with interchangeable lenses employing an image sensor larger than CX format, the Nikon 1 J3 (pictured) also boasts the world’s shortest release time lag and fastest continuous shooting speed of 15fps with auto focus and up to 60 fps with fixed-point AF. The Nikon 1 S1 launches the new S-series of fast and stylish camera bodies designed for speed and simplicity. Claimed to be “as convenient and easy to use as a compact camera, but much faster and significantly more powerful, with better image quality,” the Nikon 1 S1 has a clean, minimalist design with simplified controls. Both models can record Full HD movies at 60 and 30 fps and 60i, 60p, and 30p frame rates, and even capture full-resolution photos while filming.