Nikon has announced a new extended zoom digital camera for their Coolpix line of consumer cameras. The 16.1 megapixel Nikon Coolpix P510 is the latest megazoom digital camera from Nikon and it’s got all the main features that you would want in a premium point-and-shoot camera.

The P510′s 42x Wide-Angle NIKKOR glass zoom lens offers a 35mm equivalent focal range of 24mm to 1,000mm with advanced optical Vibration Reduction (VR) image stabilization, 14 elements in 10 groups, and an aperture range of f/3.3-5.9. Nikon has outfitted this lens heavy camera with a nice image sensor, the P510 has a 16.1-megapixel BSI CMOS sensor that should offer you good performance in low-light situations in respect to noise production.
If speed is something that concerns you the Nikon Coolpix P510 also offers fast shooting, Nikon claims you can capture up to five individual photos at the cameras full 16.1MP resolution in just one second. Video recording in high-definition is also very possible with the P510. The camera packs 720p and 1080i HD video recording options, each of which offers 30fps performance for recording. Once your done filming you can also easily show-off your work on an HDTV using the P510′s built-in HDMI output port (HDMI cable sold separately).
Features like Autofocus (9 total focus points) with contrast detection, manual focus (99 total focus points), image stabilization, in-camera image editing (skin softening, quick retouch, image rotation, filters and more), white balance adjustment with presets, continuous shooting with multiple preset modes, 17 preset scene modes for faster shooting, a 3-inch vari-angle 921k dot resolution LCD, USB 2.0 for uploading photos to computer, and SD/SDHC/SDXC memory card support are also included with the Nikon Coolpix P510.
Nikon’s new Coolpix P510 isn’t available for purchase just yet, but when it’s launched the camera will carry a manufacturer price of $429.95 and it will be available with Black or Red color options. Right now all you can do is put in a pre-order with B&H Photo Video who is offering you the opportunity to ensure you get a P510 once it’s released. At this time Nikon plans to start shipping the P510 this month, February 2012.