Jake,
I bought and used a Contour with GPS (April 2011 on a ski trip), which was an amazing camera in itself. The Storyteller software is great. Lightweight and easy to mount anywhere. The problem we had was that with most pc's and laptops more than a year or two old we had issues with playback. The files were a processor's hog and was difficult to render the video playback at all. Battery life was an issue also. Those same videos play fine now on my latest machine, which is less than a year old. At the time is was better than the GoPro products available. The built-in GPS and size were the reasons we went with the Contour.
With my computers in my graphics shop, I should have plenty of horsepower to work with the videos (video cards are important here). The reviews on the GoPro were terrible but the reviews on the Contour+2 were all positive.