The imaging side of the D700 is pretty much the same as the D3; it shares the acclaimed 12.1MP full frame ('FX') sensor and has the same processing engine, so we would presume output to be almost identical. The main differences (aside from being considerably smaller) are physical; there's a different shutter (good for 150,000 exposures rather than 300,000 on the D3), different viewfinder prism (with 95% coverage) and a slower burst rate. You also lose the rear LCD info panel (there's no room for it) and one of the D3's two CF card slots, but you do get a couple of extra features to soften the blow slightly; most notably a self-cleaning sensor and a built-in flash. We'll look a little more in-depth at the differences between the D3 and D700 in a moment.

The D700 joins the D3 as a fully-fledged 'professional' model; it has the same tank-like build quality (though we're sure the pop-up flash will cause a few raised eyebrows), and gets you the full pro service from Nikon. And the pricing (around $2999) reflects this; anyone hoping for an 'affordable' semi-pro full frame Nikon SLR will have to wait until the cost of producing such large sensors falls considerably.