If you are tempted by the recent Nikon 1 V1 price drop, here's a deal for Australian stock + warranty that includes the flash.
I was looking at past Nikon 1 V1 deals on OzBargain and noticed that this bundle was previously $449 at DJ's, and did a check on the DJ's site, which showed a price drop to $399. Thanks to the 10% off online discount posted by hallelujah, the price drops further to $359.10. Delivery is free for orders over $50.
In case you're wondering if the flash is necessary, the V1 does not come with any built-in flash.
For detailed reviews:
http://www.sansmirror.com/cameras/a-note-about-camera-review…
http://www.stevehuffphoto.com/2011/11/14/the-nikon-v1-camera…
Note: The online price is clearly superior with 10% off, but if you happen to be going overseas within 30 days, you can also buy in-store and use the Tourist Refund Scheme to get your 10% back - I did this because we also had a DJ's gift card to use. The Sydney CBD store still has lots of stock.
Warranty: Nikon Australia is offering a free warranty of 2 years (instead of the usual 1 year) for both the camera body and the lens if you have purchased from an authorised reseller (DJ's is on the list). See Nikon warranty registration page for further details. You need to become a My Nikon Life member first (free) and quote your username.
A decent little camera, but I really wouldn't want to be locked in to such a small lens choice compared to 4:3