MODS - please move this to the forums if it is more appropriate there.
Went in to DSE to buy a SD card and found a Nikon J1 in the specials bin with 50% off the marked discount price. Checked with the Manager and he confirmed that it was $148.50. He said that all the stores that he knows of are getting rid of any "older" cameras and higher priced electrical items in this way. No idea how long they will have it on sale but I would guess June 30th so that they have less stock to count & write off for the stock take.
There were other cheaper digital cameras in the numerous specials bins and so I would recommend going in-store to have a look around. There were also a number of Sony and Yamaha Blu-Ray player + 5.1 surround speaker systems, Sennheiser headphones, iPad & iPod speaker units - all with 50% off the already discounted price.
Details on the camera if needed:
Announced: 21-09-2011
Now you can always be one click ahead of the action. The Nikon 1 J1 is designed to be ultra-portable and simple-to-operate, capturing stunning movies and photos in any situation. No matter where you might be or what you might be doing, the Nikon 1 J1 delivers consistently brilliant results.
•Features a built-in flash
•Full HD MOVIE 1080/60i
•Smart Photo Selector mode ensures you will never miss those decisive moments
•Slow Motion Movie 400fps(640x240)1,200fps(320x120)
•An optional mount adapter allows Nikon 1 cameras to be used with F mount NIKKOR lenses
•The camera is available in five colors, and color-coordinated lenses are bundled with the camera in lens kits
•The top face has a total of only three buttons, while the rear face features a simple mode dial
•LCD monitor with crystal clear resolution. 3-inch LCD monitor with protection glass and a wide viewing angle.(approx. 460k-dot)
•Easy-to-use movie editing software
This is already known. Was posted in a comment last Nikon 1 deal. This varies store to store.