The Nikon V1 does it suck?

Both and and my friend Richard are very interested in this camera. Never has a new digital camera been so misunderstood as this one. He was telling me about the forums over at DPReview and I was having a quick read and one of the posters pointed out that a Video Review was available on YouTube.

I clicked the link and watched a very good and balanced review, I have posted a link below: