Yeah dude, get a go pro. They just released their HD Hero 2 and they're fucking badass.
I've seen them drop from 3,000 feet and be completely fine. Also, a guy left one at the bottom of a reef (not by choice) for two and a half months and it was perfectly intact and dry! Not to mention you can mount them on virtually anything and record in 1080p HD.
I'm working on getting one myself. (I'm a Telecommunications major, can ya tell? lol)