I just recieved my Go Pro HD Camera and decided to take it for a test drive.  Overall, I find this camera is going to be great for underwater footage and sporting events.

PROS:

• Underwater housing, up to 180 feet.
• Lightweight
• 5MP still shots
• Full HD 1080p video
• Up to 16gb SD memory support.
• 2 1/2 hour lithium replaceable battery
• Almost indistructable, designed to handle excessive g-force
• Several mounting kits included
• Great for mounting on  a helmet or windshield, surf board, boat etc.

CONS:

• Doesn’t have any zoom features, just field of view changes
• Fish eye wide angle lens only.
• Mounting requires underwater housing
• No LCD preview
• No Memory card included

Check out the video here

Some photo’s taken: