it seems. I was in St. Augustine, FL, shooting with my red E-PL2. When I was coming out of a shop a guy asked me if it was one of those new Nikon System cameras. I politely said no, it was an Olympus micro four thirds camera. I noticed he had a Nikon APS-C digital camera, but couldn't tell which one. I told him he should take a look at them, and that they are very capable. At this point, he seemed very disinterested and said that he really wanted to get his hands on a Nikon V1.