Few months ago Nikon’s UK Senior Product Manager Kevin Egan told AP that they planned to release a Canon G11 competitor with the last batch of Coolpix cameras back in February, but the camera was not ready. Expect this new "G11 killer" to be released with the next batch of Coolpix camera somewhere in the middle of August (unless Nikon decides to make a separate announcement for it).
Today I received also this tip:
"I work at ***. The Nikon rep was in the store and I was pressing him for any info... He told me that Nikon had 3 big cameras to be coming soon, and a G11 competitor had been in development for a while... probably this fall for a release..."
Nikon reps have proved not to be reliable source of information in the past, but this rumor reminded me of the statement Nikon made few months ago and I think it is worth sharing.