An update to one of the most iconic toy cameras available, the Holga 120GCFN is characterized by its distinctive image quality as well as a unique built-in flash with a spinning color wheel. While the original Holga is best known for its standard-length 60mm f/8 plastic lens, this version features a glass lens construction for slightly greater sharpness and contrast while still retaining the cherished dream-like aesthetic and inherent vignetting and light leaks caused by the plastic body and simple construction. A choice between f/8 or f/11, or "cloudy" and "sunny", aperture settings is available, along with 1/100 sec. or bulb shutter speed settings and a zone focus system for focusing as close as 3' away.

The built-in flash contributes to the toy camera aesthetic due to its built-in spinning color wheel, which can be set to red, blue, yellow, or standard white settings for creatively colored highlights. A tripod mount is also incorporated into the base of the camera for stable long exposure shooting in low-light conditions. A camera designed to bring the fun back to photography, the Holga is a classic toy camera capable of making some remarkable, yet inherently lo-fi photographs.