There is a new Gopro released: Hero2. With twice the power and features at the same price! That is a good deal. The price remains at $299

Here is some of the specs:

• Professional 11MP Sensor
• 2x Faster Image Processor
• 2X Sharper Glass Lens
• Professional Low Light Performance
• Full 170°, Medium 12°, Narrow 90° FOV in 1080p and 720p Video
• 120 fps WVGA, 60 fps 720p, 48 fps 960p, 30 fps 1080p Video
• Full 170° and Medium 127° FOV Photos
• 10 11MP Photos Per Second Burst
• One 11MP Photo Every 0.5 Sec Time-Lapse 
• 3.5mm External Stereo Microphone Input
• Simple Language Based User Interface
• Compatible Wi-Fi BacPac™ and Wi-Fi Remote™
• Long Range Remote Control of up to 50 GoPro Cameras
• Wi-Fi Video/Photo Preview + Playback
• Live Streaming Video + Photos to the Web