Many comments and suggestions since I posted. I’ll only comment that my pan v3’s have been mounted upside down under roof overhang and eaves for close to 3 years with no adverse consequences.
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this is a comparison of a v4 I have mounted inside a window, lower and just to the left of where the Floodlight pro is mounted.
I wanted to share, so that you could see the difference in the field of view of each:
V4: Field of View: 115.8° diagonal, 98.5º horizontal, 53.1º vertical
Flood light Pro: Field of View: 180° (camera points down enough to get the sidewalk up against the house):
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A floodlight is a better choice in this case. You already have a junction box where you can install a new smart floodlight. So, no need to install an outlet for a pan V3 or a V4.
I have both Wyze floodlights and pan V3s. When it’s windy out, the pan V3s would be moving wildly trying to follow leaves. Plus, it’s a mechanical thing and expect its mechanicals to fail at some point. And the panning control on the pan V3 isn’t smooth, either. And a pan V3 has its infamous waypoint drift as well.
A floodlight pro is an overkill in your case. A floodlight V2 should be optimal.
I personally prefer the Panv3 due to the no “fish eye” effect and the ability for it to follow people from my driveway to my back yard, but obviously you can compare the options and pick. May be easier to just swap out your floodlight so that’s a consideration too. Though I think I’ve seen some complaints here with the floodlights, but I think recent firmware may have updated it.
My Pan v3 has a nice wide field of view, you can look up the specs on Wyze’s site but I think it is wider than the v4 and even the OG (not sure about the v3, but the v3 is similar to the v4). But the fact that it can track a moving object extends its field of view quite a bit.
It isn’t perfect, with the IR lights on it likes to chase shadows, bugs, and even mist/rain. An external IR light fixes that, or not using IR at all since you have the floodlight. The two spots I have Panv3s, I would need 3 regular cameras to cover the same area.
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Did you install the existing floodlight? If so, you don’t need to pay an electrician to install an outlet. It’s a DIY only slightly a bit more complex than the floodlight. If you did not and have never worked any electrical projects, then yes, hire an electrician.
I agree. I ordered the floodlight. I figured the pro was overkill, but my wife has been asking me to replace our old floodlight, which doesn’t always detect us and turn on. The cost of an electrician would be at least $100, so the cost is probably a wash. It arrives tomorrow. I also got a 256GB SD so I can continually record if I like. Wish me luck.
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Set the floodlight up with the Wyze app before installing it. More convenient that way. Find an old electrical cord, splice it and connect it to the floodlight.
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Why do you recommend this? I have always set up my Wyze cameras in my kitchen before moving them to their final spot. I believe I can find a chord that I can do this with. Just wondering why this suggestion.
Wyze cameras come with USB cables for power. Floodlights come with … spliced wires, to be connected to the junction box wires. You’d need a ladder to press the setup button after the install.
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I’m not sure why that question was directed at me. I assume it’s a mistake (one I’ve probably made and am likely to make again). 
I agree that the installation should be fairly straightforward, and instructional videos are helpful.
Good! That’s why I suggested it! 
You just keep stacking up the reasons why a Cam Floodlight is a better option in this case. 
See this recent and related topic:
Since the Cam Floodlight Pro will have bare wires for connecting to the wiring in the junction box, using an old electrical cord will provide an easy way to temporarily wire this in your kitchen (or whererever is a convenient place to work that’s close to your wireless access point and/or otherwise has a good signal) so that you can set it up and test it to make sure everything’s working as expected before you have to get up on a ladder. If you need to do any resets or troubleshooting—or if you find out that your product has a defect and you might need to return or replace it—then this will make the job much easier.
Good luck!
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Now that I’ve ordered the PRO version and have looked at several comparison videos of the Floodlight v2, I’m starting to reconsider my purchase. Since I’m getting it from Amazon, I can easily return it at my local Whole Foods, so changing my mind isn’t that big of a deal.
At first, I liked the 3 lights and the 180 deg FoV, but the area behind my garage is pretty small and like someone suggested, the 180 has more distortion (fish eye) than the 160. Also, 2 lights should be plenty for my area. For me, money isn’t the driving issue; I probably won’t have to replace it any time soon. I just want to get the best model and be done with it. I can wait a few extra days to replace my old floodlights.
Thoughts? Sorry for being so indecisive 
Like I stated in another post, the pro is an overkill in your case, unless you want the ambient light feature. This is where you can tell it to turn on, with a preselected brightness and a predefined period at night. It then switches to the brighter, more normal brightness, when it senses motion.
The one thing I dislike about it and why I prefer the V2, if applicable, is that the pro has a much more fisheye effect, due to a wider field of view.
Edit -
I forgot to mention that floodlight pro’s color night vision is noticeably darker compared to the V2, for the same amount of ambient light.
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I don’t have hands-on experience with the various Cam Floodlight models, so I’m probably not the best person to ask. Did the comparison chart I linked above answer any questions? I also like LifeHackster’s videos on YouTube. He sometimes does direct comparison videos, and I don’t see something like that for the Cam Floodlights, but it appears that he’s reviewed all three Wyze models in separate videos, so that might be something to look at if you haven’t already.
I think each probably has its own pluses and minuses (including some issues with newer models and certain missing Automations features), but I don’t have the familiarity with them to give you a good answer. I understand the point about the fisheye effect, and that’s a real issue for some people, but I also appreciate the view that @CatHome shared above and might be inclined to choose something like that for myself if I was in your situation. If your current floodlight’s motion detection is flaky, then I think anything is going to be a solid upgrade, so you get to decide what’s best for you.
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Sorry about that. My bad @Crease. It was for @alfredojahn and I must have clicked the wrong reply icon.
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No worries. Like I said, I’m sure I’ve done that, too (and probably will again). I just try to answer questions when directly addressed.
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I think that replacing your floodlight with the Wyze Floodlight V2 would get the job done for you pretty cost-effectively and easily.
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Absolutely great advice!, I did the same with my two Floodlight Pro’s, as I wanted to ensure all was working well at my desk, before I mounted them.
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Couldn’t agree more with this. It took me 4x up and down an extension ladder between v1 and v2 installs before I had the eureka moment to fashion a test solution “on the ground” and it was exactly this. At a certain age you want to say “to hell with enjoying the challenge” and minimize the risk. 
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I found some more indecision fuel!
I happened to see a video for a third-party floodlight that can mount and power a Cam v3, and in the video it appears that the Cam v3’s mount/base kind of slides or clicks into the mount point on the floodlight housing. I don’t have a Cam v3, but it made me wonder if Cam v4 is similar enough for that to work, since you seem to like the Cam v4 you already have. Then I found out that they apparently make a model that’s compatible with Cam Pan v3, which goes to your original question:
I don’t have any personal experience with these products, so…y’know…
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@alfredojahn - Why bother with this Wasserstein model and just get the Wyze Floodlight v1 if you can still find it. The camera is a v3 and you have aux usb port for a 2nd cam. 2600 lumens vs 2000 lumens.
Available at Home Depot and eBay.