I'm not too sure this 70-300 is that well thought out. There appears to be an add-on tripod foot, but it does not appear to connect like a tripod foot with a rotation collar. This means that a) the lens cannot be used in portrait mode without flopping the rig sideways on the tripod head, and b) you cannot use the collar to adjust for horizon tilt, which is something I do all the time. While the lens is clearly aimed at the hand-held user, for my needs a decent tripod mount at a 810mm equivalent focal length would be mandatory, VR or no VR.
I'm also unsure because there is no mention of AFS, and it's not even clear that the 70-300 has a manual focus option. So far, the only Nikon 1 lens with manual focus override is the 32mm, I believe.
Apparently the 'AF-S' nomenclature is not being used on the Nikon 1 Series lenses. The Nikon USA website shows the badges 'SWM' and 'M/A' on the 32mm, but not on the 70-300. A 70-300 with no manual focus option? They must be very proud of their AF.