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There are tons of GoPro competitors:

Contour Contour+2, ContourRoam

Sony Action Cam (HDR-AS10 and HDR-AS15)

Polaroid XS7, XS20 and XS100

CamOne (camonetec.com)

AEE BlackEye XTR (Magicam SD21) (www.aee.com/en/)

Tachyon (tachyoninc.com)

UnmannedTech FPV HD camera

Tons of unknown asian brands like 808 #16 720p micro camera ($8 to $40).

There are competitors, but none of them are a threat. The Contour has some traction, and the Sony ActionCam is pretty decent spec-wise, but nothing compares to the GoPro HD3 Black edition: 120FPS @ 720p, 240FPS @ WVGA, and even 30FPS @ 2.7k. They are still a generation or two ahead of their competitors.

The only thing I wish the HD3 Black had was GPS so that you could geotag your videos. That's about the biggest missing piece to that camera, otherwise it would be perfect.

Apart from the 2.7K mode (where would that be useful) the Sony matches the specs you mention. Specs aren't everything and I haven't tried either product. Go Pro has the better accessory ecosystem at the moment and may still be the better product in many ways.

> The Contour has some traction,

I really like the look and design of contour's latest model (Contour +2), but having seen the user reviews on Amazon.com and amazon.co.uk, I feel that for me the software quality and functionality issues mean that I just won't buy it, unless this is greatly improved.

Specs aren't everything, you can compete on price. Lots of these alternatives are MUCH cheaper than GoPros. 99% of people don't even know of resolutions higher than HD, and 99.9% wouldn't know what to do with them - there are no affordable 4K TVs yet, it will take a few years.

Drift HD Ghost too; much better than GoPro as a helmet cam.

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