IS this Camera simalar to the Nikon V1?
And what is the crop factor? Like, what is the real 33mm eqil of the 40mm prime lens that goes on it?
Would this make a good street photo camera would you think?
The Nikon V1 is not in remotely the same league as the K-01 IQ wise. The V1 has about the same IQ as the Pentax Q and a bit poorer than the Pentax MX-1. The K-01 uses a full APS-C sensor, and one of the finest implementations of APS-C at that. The 40mm lens would have an equivalent FOV to a 60mm on a 35mm FF, and yes the 40mm is an excellent performer. Personally I love the ergonomics of the K-01, if you've used and loved the Leica CL you will be right at home. As a quality street camera it's hard to beat. Stunning IQ, quiet, non threatening, perfect for shooting unobtrusively from the waist, ground or you name it. This kit is a steal at these prices.