Pros: Many accesories, can mount almost anywhere, light.
Cons: Sometimes freezes, low battery life.
I bought the silver edition of this camera because I wanted to record myself when skiing etc., and it has pretty much done it's job.
It records in full 1080p with 30 fps, or in 720 with up to 60 fps. It also has built in WiFi so that you can preview the video on your smart-phone. It also has a time-lapse mode which lets you take pictures every 1, 2 or 5 seconds etc.
It is also very small and light, and easy to carry in your back pocket at any time.
But, there are some downsides. The camera has a battery life of only 2 hours, so you need to be careful to don't use it all up right away. The other thing is that sometimes it freezes, though this happens rarely.
The thing that i think is the best about this camera is that you can mount it almost anywhere. There are so many accessories you can buy, and customize how the video will look
I recommend buying the chest mount harness if you are going to record skiing videos as it gives a really cool effect.