The Nikon 1 AW1 is essentially the well-received 1 J3--except it's wrapped up in a waterproof package. As the first digital interchangeable lens camera to be not just sealed against rain, but approved to take underwater up to 49 feet without extra housing, the AW1 is certainly an enticing buy. The AW1 is also shockproof up to 6.6 feet, so it's an excellent companion for rugged outdoor treks. The AW1 has the same fast specs as the J3 with a fun 15fps burst and 1/16000 shutter speed and should have the same solid image quality. The downside to the AW1, like the J3, is the smaller sensor size (1")--there are other mirrorless models with a micro four thirds or APS-C size for a similar price. When compared to the sensors in other waterproof compacts, however, the AW1 has a clear advantage. The Nikon 1 line offers some specs that other sub-$1,000 cameras can't offer; the waterproofing and 15 fps burst speed make the AW1 a top choice for rugged action photos. Nikon also introduced two lenses that are waterproof (though any 1 mount lens will work when staying dry). The one-lens kit starts at around $800 and the two-lens combo sits at about $1,000.