Nikon has released firmware version A:1.21/B:1.21 for Nikon 1 V1 digital cameras.
Modifications enabled with this firmware upgrade
Update instructions: Windows | Macintosh
Download the Nikon 1 V1 Firmware A:1.21/B:1.21: Windows | Macintosh
B&H carries the Nikon 1 V1 digital camera.