Perhaps the worst kept secret of any recent announcement Nikon has now officially revealed the compact, professional, twelve megapixel, full-frame (FX format) Nikon D700. From the outside the D700 is virtually identical to the D300, albeit for its larger 'full frame' viewfinder, internally it's almost identical to the D3, except for a slightly slower shutter (five frames per second up to eight frames per second with the MB-D10 battery grip). By comparison it also includes several function improvements over the D3 including Image Sensor cleaning ('sensor shake'), more flexible 'hard button' programming, virtual horizon in Live View and different DX mode indication on the focusing screen. The D700 also becomes the first professional Nikon DSLR to sport a built-in flash. As far as competition is concerned the D700 really only faces the Canon EOS 5D (and any replacement that may be in the works). On sale in July for US$2999 or €2599 body only. We've had a D700 for a few days now, just enough time to produce a detailed hands-on preview.