A couple weeks ago I mentioned a rumor that Nikon would be releasing a new full frame DSLR. That rumor is now true. Nikon announced the release of the D700 ($2,999) today — the company’s newest pro-level digital SLR camera.

Falling between the Nikon D3 and D300, the D700 features a 12.1-effective megapixel Nikon FX-format sensor and a native ISO range of 200 to 6400. The camera also features a 3-inch super-density 920,000-dot VGA color screen, Nikon’s EXPEED Image Processing System, Nikon’s 51-point auto focus system, two Live View shooting modes, a Scene Recognition System, and a new active dust reduction system.

Full frame without the D3 weight. What more could you ask for?

Be sure to check out the full hands-on preview of the D700 at Digital Photography Review.

Rumors are flying around the photography blogs this morning about the release of the supposed Nikon D700 Full Frame DSLR. Features and specs from the leaked promotional material show a striking similarity to the flagship Nikon D3, but in a smaller and cheaper package ($2999). If this turns out to be true, the three-year-old Canon 5D will finally have a direct competitor on it’s hands.

(via Camera Porn)