Following the announcement of the Nikon D800, prices on the Nikon D700 have fallen by $500 to $2,199 at B&H, effective today. The price drop has not taken full effect at Amazon yet. This is a fantastic deal. While the D800 has great resolution, the Nikon D700 is a proven entity with continuous shooting speeds twice that of its successor (when battery grip is attached).
At B&H:
Nikon D700 SLR Digital Camera (Body Only)
Nikon D700 SLR Digital Camera Kit with 24-120mm VR Lens
At Amazon:
Nikon D700 12.1MP FX-Format CMOS Digital SLR Camera with 3.0-Inch LCD (Body Only)
Thom Hogan said of the Nikon D700:
The D700 is some sort of hybridization of the D300 and D3. The body chassis is that of the D300, the viewfinder that of the D3. Indeed, the D700 shares the MB-D10 vertical grip with the D300, which means that the camera base is essentially the same. The controls are basically D300-like (with the addition of the Info button and center button on the Direction pad. The D700 includes an internal flash ala the D300, as well. So one way to think about the D700 is to think of it as a full-frame D300.
Internally, the story is (for the most part) different. The imaging chain is exactly that of the D3: same sensor, same microlenses, same digitizing circuit, same processing. Likewise, the D700 seems to have the autofocus processing speed of the D3 (most visible in Auto Area AF), though it does seem to have a slight lag in acquisition I don't always see in my D3 (could be slight changes to AF algorithms).
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