It was only announced by Nikon yesterday, but CNET have already published their first take on the new 8-megapixel Nikon Coolpix 8700 digital camera.

“Competition between the 8-megapixel upstarts and the increasingly cheaper dSLRs will make digital-camera choices even tougher. Enthusiasts will have to decide if they want an SLR’s flexibility and feel or a higher resolution. The 8700 is slated to ship in late February for $999. We’ll keep you posted.”

Website: CNET - Nikon Coolpix 8700 First Take