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Question: Will Lens from the Nikon V1 work on the V3 ?
Document: Make it less convenient when I want to use it.3. Another battery format for Nikon V series. V1, and V2 uses different batteries, then again V3 use different battery than V1 and V2.
I really like my V3. I also have a V1 and J3. And a panasonic GF1. I have been using it since May 5th. Recently gave away my Nikon D300 after I concluded that I just did not use this camera anymore. While my heart said "use that D300" my practical hands always reached for the J3 and now the V3 when I left on a trip.
The Nikon 1 V3 is one step forward to the end of the mirrors and the mechanical shutters. If Nikon will use this technology in Fullframes  it will become the number one.I have all the Nikon 1V series cameras. And the V3 is the best. I just dont understand why the EVF is not build in fix, like on the V2 and V1. By the way the EVF is phantastic. I have not seen anything similar yet. AF is faster as everything else I've seen.
I returned it and the zoom lens to Amazon for a full refund.Kudo's to Nikon for trying something new but they really ought to scrap this line of camera if they cannot make it significantly better and at least outperform their cheap CoolPix pocket cameras. IMHO the Nikon 1 is severely damaging the Nikon brand.
The bigger sensor does not matter, they get better with every new generation anyway.I think nthe new FujiFilm Viefinder may match the Nikon EVF, but ther are no Lenses yet and the speed AF speed does not reach the 60 fps...I love my V3 and I can use my big Nikkor Lenses with the FT1 Adapter....
I own a Nikon D300 (love it) and a pocket camera Nikon CoopPix S8000, but was looking for something smaller than the D300 but more capable than the point & shoot S8000 to take on my European vacation. Bought the Nikon 1 V3 from Amazon and tried it out comparing it to my 3-year old Nikon S8000 point&shoot. ;  My findings were:1)  The Nikon 1 V3 is NOT a pocketable camera...no, not even in the very large cargo pants pockets.
So you're stuck with taking a good sized camera case and if you get the 30-100mm zoom as I did, you'll need an even bigger case and now you're very close to the size requirement for lugging the full size DX format D300. Not sure what gap Nikon is trying to fill here.2)  If you're expecting razor sharp pictures from this camera...forget it. I took side by side shots from the V3 and my 3-year old, tiny pocket camera...the S8000.
A few design mistakes that Nikon made on its V3.1. Micro SD. I have a few standard size high performance SD cards, they cannot be used.. Also my laptop does have SD card reader. I have to use SD card adapter in order to read the contents on micro SD card. Plus micro SD card is too small, easier to drop/lose, harder to pick up. Just do not understand why Nikon wants to go with Micro SD for this camera.2.
Feels strong and sturdy.- weight and build feel. This is very subjective. I love the weight and size. I find myself taking this camera almost on all my trips now. The build is very solid- Able to take high quality photos while doing a high quality video simultaneously. I use this all the time- The size of the new kit lens. It is much smaller than the old kit lens. But the image quality is not great. I don't use either kit lens.
Makes this camera similar to their dslr (I also had a d300 that I gave away). I find myself going to the menu button a lot less now, compared to the J3 and V1.- Detachable EVF and handgrip. Not everyone likes the removable EVF. My hands are small, so i don't really want the handgrip.
Answer: Yes. All V1 lenses will work on the V3. I have both cameras.