I bought a FlyCam about a month ago, the vid quality is better than I expected- I see it's now $30 less than what I paid grr..
The ability to flip the cam in any orientation is a HUGE plus.
On the downside the controls are a bit weird, but once you get used to it it is very easy.
This is the cheapest, most versatile way to do video, hands down.
Highly recommend it.
If you haven't seen, here's a vid I did, cam was used in <10 degree weather with a 90 mph windchill, or about -22 F, just about the worst possible conditions-
http://www.rc-monster.com/forum/showthread.php?t=18123