Nikon D700 vs Olympus XZ-2

The Nikon D700 and the Olympus XZ-2 are two digital cameras that were revealed to the public, respectively, in July 2008 and September 2012. The D700 is a DSLR, while the XZ-2 is a fixed lens compact. The cameras are based on a full frame (D700) and a 1/1.7-inch (XZ-2) sensor. The Nikon has a resolution of 12.1 megapixels, whereas the Olympus provides 11.8 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Nikon D700		Olympus XZ-2
Digital single lens reflex		Fixed lens compact camera
Nikon F mount lenses		28-112mm f/1.8-2.5
12.1 MP – Full Frame sensor		11.8 MP – 1/1.7" sensor
no Video		1080/30p Video
ISO 200-6,400 (100 - 25,600)		ISO 100-12,800
Optical viewfinder		Viewfinder optional
3.0" LCD – 922k dots		3.0" LCD – 920k dots
Fixed screen (not touch-sensitive)		Tilting touchscreen
8 shutter flaps per second		5 shutter flaps per second
Lens stabilization only		In-body stabilization
Weathersealed body		not weather sealed
1000 shots per battery charge		340 shots per battery charge
147 x 123 x 77 mm, 1074 g		113 x 65 x 48 mm, 346 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Nikon D700 and the Olympus XZ-2? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

An illustration of the physical size and weight of the Nikon D700 and the Olympus XZ-2 is provided in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive perspectives from the front, the top, and the back are available. All size dimensions are rounded to the nearest millimeter.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus XZ-2 is considerably smaller (59 percent) than the Nikon D700. It is worth mentioning in this context that the D700 is splash and dust resistant, while the XZ-2 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the XZ-2 has a lens built in, whereas the D700 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup. You can compare the optics available for the D700 and their specifications in the Nikon Lens Catalog.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. If you want to switch the focus of the display and review another camera pair, you can move across to the CAM-parator tool and choose from the broad selection of possible camera comparisons there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Nikon D700	147 mm	123 mm	77 mm	1074 g	1000	Y	Jul 2008	2,999	ebay.com
2.		Olympus XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	599	ebay.com
3.		Canon 5D	152 mm	113 mm	75 mm	895 g	400	Y	Aug 2005	3,299	ebay.com
4.		Nikon D3	160 mm	157 mm	88 mm	1300 g	4300	Y	Aug 2007	4,999	ebay.com
5.		Nikon D3S	160 mm	157 mm	88 mm	1240 g	4200	Y	Oct 2009	5,199	ebay.com
6.		Nikon D3X	160 mm	157 mm	88 mm	1260 g	4400	Y	Dec 2008	7,999	ebay.com
7.		Nikon D300	147 mm	114 mm	74 mm	925 g	1000	Y	Aug 2007	1,799	ebay.com
8.		Nikon D300S	147 mm	115 mm	81 mm	938 g	950	Y	Jul 2009	1,799	ebay.com
9.		Nikon D800	146 mm	123 mm	82 mm	1000 g	900	Y	Feb 2012	2,999	ebay.com
10.		Nikon D800E	146 mm	123 mm	82 mm	1000 g	900	Y	Feb 2012	3,299	ebay.com
11.		Nikon D810	146 mm	123 mm	82 mm	980 g	1200	Y	Jun 2014	3,299	ebay.com
12.		Nikon Df	144 mm	110 mm	67 mm	760 g	1400	Y	Nov 2013	2,749	ebay.com
13.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	599	ebay.com
14.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	599	ebay.com
15.		Olympus Stylus 1	116 mm	87 mm	57 mm	402 g	410	n	Oct 2013	699	ebay.com
16.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	499	ebay.com
17.		Pentax MX-1	122 mm	61 mm	51 mm	391 g	290	n	Jan 2013	499	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

Any camera decision will naturally be influenced heavily by the price. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The XZ-2 was launched at a lower price than the D700, despite having a lens built in. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The imaging sensor is at the core of digital cameras and its size is one of the main determining factors of image quality. A large sensor will tend to have larger individual pixels that provide better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixel-units in a sensor of the same technological generation. Furthermore, a large sensor camera will give the photographer more possibilities to use shallow depth-of-field in order to isolate a subject from the background. On the downside, larger sensors tend to be more expensive and lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Nikon D700 features a full frame sensor and the Olympus XZ-2 a 1/1.7-inch sensor. The sensor area in the XZ-2 is 95 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 4.4. The sensor in the D700 has a native 3:2 aspect ratio, while the one in the XZ-2 offers a 4:3 aspect.

With 12.1MP, the D700 offers a slightly higher resolution than the XZ-2 (11.8MP), but the D700 nevertheless has larger individual pixels (pixel pitch of 8.43μm versus 1.91μm for the XZ-2) due to its larger sensor. However, the XZ-2 is a much more recent model (by 4 years and 2 months) than the D700, and its sensor will have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels.

The Nikon D700 has a native sensitivity range from ISO 200 to ISO 6400, which can be extended to ISO 100-25600. The corresponding ISO settings for the Olympus XZ-2 are ISO 100 to ISO 12800 (no boost).

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. Of the two cameras under review, the D700 provides substantially higher image quality than the XZ-2, with an overall score that is 31 points higher. This advantage is based on 3.1 bits higher color depth, 0.9 EV in additional dynamic range, and 3.4 stops in additional low light sensitivity. The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Nikon D700	Full Frame	12.1	4256	2832	none	23.5	12.2	2303	80
2.		Olympus XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
3.		Canon 5D	Full Frame	12.7	4368	2912	none	22.9	11.1	1368	71
4.		Nikon D3	Full Frame	12.1	4256	2832	none	23.5	12.2	2290	81
5.		Nikon D3S	Full Frame	12.1	4256	2832	720/24p	23.5	12.0	3253	82
6.		Nikon D3X	Full Frame	24.4	6048	4032	none	24.7	13.7	1992	88
7.		Nikon D300	APS-C	12.2	4288	2848	none	22.1	12.0	679	67
8.		Nikon D300S	APS-C	12.2	4288	2848	720/24p	22.5	12.2	787	70
9.		Nikon D800	Full Frame	36.2	7360	4912	1080/30p	25.3	14.4	2853	95
10.		Nikon D800E	Full Frame	36.2	7360	4912	1080/30p	25.6	14.3	2979	96
11.		Nikon D810	Full Frame	36.2	7360	4912	1080/60p	25.7	14.8	2853	97
12.		Nikon Df	Full Frame	16.2	4928	3280	none	24.6	13.1	3279	89
13.		Olympus E-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
14.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
15.		Olympus Stylus 1	1/1.7	11.8	3968	2976	1080/30p	20.7	11.6	179	51
16.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
17.		Pentax MX-1	1/1.7	12.0	4000	3000	1080/30p	20.4	11.3	208	49

Many modern cameras are not only capable of taking still images, but can also record movies. The XZ-2 indeed provides for movie recording, while the D700 does not. The highest resolution format that the XZ-2 can use is 1080/30p.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the D700 has an optical viewfinder, which can be very useful when shooting in bright sunlight. In contrast, the XZ-2 relies on live view and the rear LCD for framing. That said, the XZ-2 can be equipped with an optional viewfinder – the VF-2. The table below summarizes some of the other core capabilities of the Nikon D700 and Olympus XZ-2 in connection with corresponding information for a sample of similar cameras.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Nikon D700	optical	Y	3.0 / 922	fixed	n	1/8000s	8.0/s	Y	n
2.		Olympus XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	Y
3.		Canon 5D	optical	Y	2.5 / 230	fixed	n	1/8000s	3.0/s	n	n
4.		Nikon D3	optical	Y	3.0 / 922	fixed	n	1/8000s	11.0/s	n	n
5.		Nikon D3S	optical	Y	3.0 / 921	fixed	n	1/8000s	11.0/s	n	n
6.		Nikon D3X	optical	Y	3.0 / 922	fixed	n	1/8000s	5.0/s	n	n
7.		Nikon D300	optical	Y	3.0 / 922	fixed	n	1/8000s	6.0/s	Y	n
8.		Nikon D300S	optical	Y	3.0 / 920	fixed	n	1/8000s	7.0/s	Y	n
9.		Nikon D800	optical	Y	3.2 / 921	fixed	n	1/8000s	4.0/s	Y	n
10.		Nikon D800E	optical	Y	3.2 / 921	fixed	n	1/8000s	4.0/s	Y	n
11.		Nikon D810	optical	Y	3.2 / 1229	fixed	n	1/8000s	5.0/s	Y	n
12.		Nikon Df	optical	Y	3.2 / 921	fixed	n	1/4000s	5.5/s	n	n
13.		Olympus E-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
14.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
15.		Olympus Stylus 1	1440	n	3.0 / 1040	tilting	Y	1/2000s	7.0/s	Y	Y
16.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
17.		Pentax MX-1	none	n	3.0 / 920	tilting	n	1/8000s	1.0/s	Y	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One feature that is present on the D700, but is missing on the XZ-2 is a top-level LCD. While being, of course, smaller than the rear screen, the control panel conveys some of the essential shooting information and can be convenient for quick and easy settings verification.

The Nikon D700 and the Olympus XZ-2 both have an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

The D700 writes its imaging data to Compact Flash cards, while the XZ-2 uses SDXC cards.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Nikon D700 and Olympus XZ-2 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Nikon D700	Y	- / -	-	-	mini	2.0	-	-	-
2.		Olympus XZ-2	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Canon 5D	Y	- / -	-	-	-	2.0	-	-	-
4.		Nikon D3	Y	- / -	-	-	mini	2.0	-	-	-
5.		Nikon D3S	Y	stereo / -	-	-	mini	2.0	-	-	-
6.		Nikon D3X	Y	- / -	-	-	mini	2.0	-	-	-
7.		Nikon D300	Y	- / -	-	-	mini	2.0	-	-	-
8.		Nikon D300S	Y	stereo / mono	Y	-	mini	2.0	-	-	-
9.		Nikon D800	Y	mono / mono	Y	Y	mini	3.0	-	-	-
10.		Nikon D800E	Y	mono / mono	Y	Y	mini	3.0	-	-	-
11.		Nikon D810	Y	stereo / mono	Y	Y	mini	3.0	Y	-	-
12.		Nikon Df	Y	- / -	-	-	mini	2.0	-	-	-
13.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
14.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
15.		Olympus Stylus 1	Y	stereo / mono	-	-	micro	2.0	Y	-	-
16.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
17.		Pentax MX-1	-	stereo / mono	-	-	mini	2.0	-	-	-

Studio photographers will appreciate that the Nikon D700 (unlike the XZ-2) features a PC Sync socket, so that professional strobe lights can be controlled by the camera.

Both the D700 and the XZ-2 have been discontinued, but can regularly be found used on ebay. The D700 was replaced by the Nikon D800, while the XZ-2 does not have a direct successor. Further information on the features and operation of the D700 and XZ-2 can be found, respectively, in the Nikon D700 Manual (free pdf) or the online Olympus XZ-2 Manual.

Review summary

So how do things add up? Is there a clear favorite between the Nikon D700 and the Olympus XZ-2? Which camera is better? A synthesis of the relative strong points of each of the models is listed below.

Advantages of the Nikon D700:

• Better image quality: Scores substantially higher (31 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (3.1 bits more color depth).
• More dynamic range: Captures a larger spectrum of light and dark details (0.9 EV of extra DR).
• Better low-light sensitivity: Requires less light for good images (3.4 stops ISO advantage).
• Easier framing: Has an optical viewfinder for image composition and settings control.
• Easier setting verification: Features an LCD display on top to control shooting parameters.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/2000s) to freeze action.
• Faster burst: Shoots at higher frequency (8 vs 5 flaps/sec) to capture the decisive moment.
• More flexible: Can take a variety of interchangeable lenses, including specialty optics.
• Longer lasting: Can take more shots (1000 versus 340) on a single battery charge.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• Better studio light control: Has a PC Sync socket to connect to professional strobe lights.
• More heavily discounted: Has been available for much longer (launched in July 2008).

Reasons to prefer the Olympus XZ-2:

• Broader imaging potential: Can capture not only stills but also 1080/30p video.
• More flexible LCD: Has a tilting screen for odd-angle shots in landscape orientation.
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• Ready to shoot: Comes with an integrated lens, while the D700 requires a separate lens.
• More compact: Is smaller (113x65mm vs 147x123mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the D700).
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More modern: Reflects 4 years and 2 months of technical progress since the D700 launch.

If the count of relative strengths (bullet points above) is taken as a measure, the D700 is the clear winner of the match-up (13 : 9 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision on a new camera. A professional wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

How about other alternatives? Do the specifications of the Nikon D700 and the Olympus XZ-2 place the cameras among the top in their class? Find out in the latest Best DSLR Camera and Best Travel-Zoom Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it says little about, for example, the shooting experience and imaging performance of the D700 and the XZ-2 in practical situations. User reviews, such as those found at amazon, can sometimes inform about these issues, but such feedback is often incomplete, inconsistent, and biased.

Expert reviews

This is where reviews by experts come in. The following table reports the overall ratings of the cameras as published by some of the major camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price (USD)	Street Price
1.		Nikon D700	..	89/100	..	+ +	4.5/5	4.5/5	Jul 2008	2,999	ebay.com
2.		Olympus XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	599	ebay.com
3.		Canon 5D	..	88/100	..	+ +	o	..	Aug 2005	3,299	ebay.com
4.		Nikon D3	..	..	..	+ +	5/5	4.5/5	Aug 2007	4,999	ebay.com
5.		Nikon D3S	5/5	..	..	89/100	4.5/5	5/5	Oct 2009	5,199	ebay.com
6.		Nikon D3X	..	..	..	86/100	4/5	5/5	Dec 2008	7,999	ebay.com
7.		Nikon D300	..	+ +	..	+ +	5/5	4.5/5	Aug 2007	1,799	ebay.com
8.		Nikon D300S	5/5	+ +	..	82/100	4/5	4.5/5	Jul 2009	1,799	ebay.com
9.		Nikon D800	5/5	+ +	..	82/100	5/5	5/5	Feb 2012	2,999	ebay.com
10.		Nikon D800E	..	..	..	84/100	5/5	5/5	Feb 2012	3,299	ebay.com
11.		Nikon D810	5/5	..	5/5	86/100	5/5	4.5/5	Jun 2014	3,299	ebay.com
12.		Nikon Df	4/5	..	..	81/100	4/5	4/5	Nov 2013	2,749	ebay.com
13.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	599	ebay.com
14.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	599	ebay.com
15.		Olympus Stylus 1	..	+ +	..	..	4.5/5	4.5/5	Oct 2013	699	ebay.com
16.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	499	ebay.com
17.		Pentax MX-1	3/5	..	..	74/100	4/5	4/5	Jan 2013	499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The assessments were made in relation to similar cameras of the same technological generation. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and comparisons of ratings among very different cameras or across long time periods have little meaning. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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Other camera comparisons

Did this review help to inform your camera decision process? In case you would like to check on the differences and similarities of other camera models, just make your choice using the following search menu. There is also a set of direct links to comparison reviews that other users of the CAM-parator app explored.

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