In addition to the P1200pj and the new Coolpix rugged camera, Nikon will announce also a new and improved P7100 which will replace the current P7000. This will be the new top of the line point and shoot camera from Nikon. Improvements include a tiltable LCD screen (like the one on the P100), additional controls, new HDR and easy panorama functions.
This is how the tiltable screen of the Nikon Coolpix P100 looks like:
This is the back of the current Nikon Coolpix P7000 model: