Ok everyone, theres another "Affordable" sports HD video camera out there.
I just purchased a Monoprice MHD Action Camera and I am impressed. I own a HeroHD and use it fairly regularly on cruises, but I have problems knowing when it is recording and when it has timed out or other such problems.
This unit is under $100 ($99.61 to be exact) and it looks as good as my Hero. It is waterproof without an extra case and easy to operate. The record is a big switch on top that turns it on if it is not already on and vibrates to let you know it has started/stopped recording. (Helps with the volume of the Cobras)
Haven't had a chance to use it in the Cobra yet (weather issues) but I have tested it in my daily driver and it may just replace the Hero!
Monoprice MHD Action Camera - YouTube