Looks a little unweildy to some of the others on the market, but never having used a helmet cam I cannot really pass comment, I saw the one marketed as the tony hawk one and that looked quite nifty...not sure about the specs though.
Ive been using an Archos 405 with a camera, have had no problems with it. Also doubles as an "ipod" only snag it's not water proof. If I was any good at this tech thing I would show you some footage. Try Currys they do some package deals unit and camera not cheap about £200 but you get 30gb memory. I have used it to film the last downhill at the Selkirk Merida.
It got a really good review from MBR if that means owt - problem is they have a full page add every issue so some might say the mbr comments could be tainted.
Spec looks good for the money but it is a bit big/unwieldy looking.