The Virb Elite is ok. You can probably get one of the older ones cheap now. The Virb Edit software is surprisingly good; they must have acquired that from some other developers. (You maybe able to just download that to use with any camera’s video?) The integrated telemetry stuff is slick. Having the camera track rides (GPS) and pair with all the data sensors makes it almost a Garmin GPS replacement — if you dont want to see speed/hr/power etc. while riding.
The form factor makes it a bit hard to do things like chest harness mounting. And the shoulder mount doesn’t really work for cycling. But under the Garmin out front works well for road (not off-road). A little shaky still. I will try a helmet mount off-road sometime and see how well that works.
I do really like the big slider that starts the recording. And the ability to take single photos while recording. I dislike that it randomly stops recording sometimes, freezes up, and other such Garminy things.
Oh, and I dropped my camera on the street and scratched the lens. But I got the official replacement lens with the tools for $18, so I was happy about that.
I would probably buy a Hero if it were my money. This one was a gift, though, so I can’t complain!