By Claire Reilly

SYDNEY, NSW: Nikon has released pricing details for its new Nikon 1 model cameras, which are set to be released on October 20.

The new compact system cameras were officially unveiled in September with Nikon declaring the two models to “game changers” in the digital imaging category.

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The line-up includes the V1 – which Nikon says offers the fastest autofocus system in the world – as well as the J1, which is described by Nikon as “the world’s smallest camera among competing interchangeable lens digital cameras equipped with image sensors larger than one inch”.

The J1 will be available in a 10mm f/2.8 kit for RRP $899, as well as a Twin Zoom Kit for RRP $1,099. The V1 will be available in a Twin Zoom Kit for $1,399. Both black and white Nikon 1 units will be available, with pink, red and silver models to be rolled out in 2012.

The Nikon 1 J1 model in white.

The Nikon 1 V1 model in black.