The D300 has two types of live view. One is contrast type focus, which is used only with manual focus for doing still life macros, etc. The other raises and lowers the mirror, but allows normal auto focus. It is slower than normal shooting because to check the focus, you have to lower the mirror again, but otherwise there is no shutter lag. If you use continuous auto focus, the camera will continue to focus while the mirror is up. I don't think it would be useful for shooting fast moving subjects, because after the full press to lock in live view, you have to half press every time you want to frame and check focus, then full press again to shoot. I have used the live view, and it works quite nicely, but it doesn't allow you to follow a moving target. It works great for overhead crowd shots, etc. I used it to hold the camera above a 6ft. chainlink fence to take some landscape shots, and it worked quite nicely as a remote viewfinder. It would be fine for shooting nudis, or great for framing a wide angle shot, etc., but don't count on it for shark and turtle pics, they'll all be half out of the frame.