In an old interview with Focus-Numerique, Mr. Tetsuro Goto (Director of Laboratory R&D at Nikon Japan) said:
“Personally I think the Nikonos reborn in the future”
The upcoming rugged Coolpix from Nikon may actually be the rebirth of the Nikonos line. The rumor is that the new camera will have a depth rating of 33 feet (10 meters), very good low light capabilities and may even resemble the design of the old Nikonos cameras. Another source told me that Nikon may be after the GoPro cameras and will release a whole line of accessories for attaching the camera to a helmet, bike, surf, etc. just like GoPro.