The Chobi Cam One is a DSLR-style toy camera that has lenses you can swap in and out. The camera captures 1600×1200 still photos and VGA videos at 30 frames per second. What makes this toy camera more special is that it comes equipped with three extra lenses to choose from, which presumably have different optical qualities. The Chobi Cam One supports microSDHC memory cards of up to 32GB. Folks in Japan are able to purchase the Chobi Cam One for 9,800 Yen ($118). Watch the video after the jump.