I am hesitating between the S5IIX and the Zf as my next camera. I made a quick comparison (I posted it in DPReview too), and I would like to read your thoughts and corrections if something is wrong:
I have used Nikon for over 20 years. I like Nikon as a brand and I like the way how their cameras work and operate from the usability stand point. I bought also into the Z-Systems. I had the Z6 Mk1 and now the Zfc and many lenses. I sold now most of it. I also used to have Sony cameras (APSC and fullframe), I still use Fuji X, MFT and of course Lumix FF L-Mount. Just that you know that I really know these different systems and that I try to be objective.
But, I have to say that my favourite camera of all times is the Nikon Df, because that sensor produces very beautiful and pleasing colors.
The DF has the D4 sensor in it as far as I know. Epseciall with higher ISO (>ISO400) you will get better results than with i.e. a Nikon D800, both regarding noise and colours.
I bought for my wife a Nikon Zfc. She said the camera is OK. I found the camera a little bit like a plastic toy.
I totally agree. I bought the Zfc immediately, because I loved the design. The camera is great, but cheap plastic. I was disappointed. But there is something that bothers me even more. The lens mount is too big for APS-C cameras, unless you make the body really big, which is not the purpose of APS-C cameras.
The problem is that I have only Nikon F mount lenses. The FTZ adapter makes the thing a bit bigger as desired.
That is a pain. The FTZ adapter works really good, BUT it is heavy and makes everything big. I used the FTZ adapter with a Nikkor 70-300 VR (FF, last generation for FX). Very good AF with Z6, great IQ, but the combination is huge. You will not like that.
The main problem of the Z-Mount is at the same time its advantage: The size of the Z-mount. Thanks to the huge size, it is a lot easier for Nikon to develop excellent lenses at lower costs (= higher margin). BUT this makes every lens, really every lens, even the 40/2.0 very big. A simlar lens in L-mount will be much smaller. That will determine how many lenses you get in your bag. I have a small Billingham hadley small and I get 3 L-Mount lenses in it, but only 2 Z-lenses. Z-Mount lenses are too thick because of the lens mount.
Additionally, if you want to use ZF or ZFc, you do not have a real handgrip. Therefore you need enough space on the body for the right hand to hold it comfortabley (at least 4,5cm). This is not possible with the ZFc and I have small hands. This is because of the thickness of the lenses/lens mount. This might be better with the ZF, but as far as I can see it in videos, the ZF is huge. Looks almost like Medium Format. I love the design of the ZF, but is is way too big for me.
Because of the size of the Z-Mount, I decided to get out of the Nikon Z-System. The site will not change and if I can have the same quality with a smaller lens mount in L-Mount, it makes no sense for me to use a bigger lens mount.
What I dont know is if the lenses of the Z system are better than the lenses of Lumix, Sigma and Leica...
Both are very good. Depends on the focal range and use case which one is slightly ahead of the other. But you only have aperture rings with Sigma i-series. For me this is a no-brainer. Same image quality, smaller size, aperture ring and 3 companies that are part of the alliance with many lenses.
The only current negative for me is the lack of a small 18/2.0 FFL and the lack of a rangefinder style body in L-Mount. But both is hopefully only a matter of time.
You need to take the ZF in your hand with different lenses and judge for yourself. But pay attention to it, otherwise you will sell it 6 months later again at a loss.
Also bear in mind, that it is never a good idea to have 2 different lens mounts if you do not want to be crazy like me. Brings only problems.