I think the new Nikon V1 looks promising as a camera for sports photography:

• it has lots of auto-focus points and focuses quickly
• it has a fast continuous shooting frame rate
• it is small and might even pass for a point-and-shoot (for non-accredited photographers, anything that looks like a DSLR with a big zoom is often not allowed into venues)

However, it also:

• doesn't have a fast zoom lens (F2.8) yet
• has a smaller sensor (2.7 crop factor)

I'd also like to know how it well it handles high ISO (low light) shooting.

The 30-110mm zoom (~80-300mm equivalent) is only F3.5-F5.6, but is also only $249!

I know that professional sports photographers will turn up their noses at this camera, but for the amateur/enthusiast, I think there might be something here.

What are some other things to consider when evaluating the Nikon V1 for use in sports?