FLIP video has done a great deal to prove to me as a repeat customer that they heavily weigh simplicity and ease of use when designing their products. My family owns two FLIP camcorders and it is clear to me that the previous version:
-Flip MinoHD Video Camera - Brushed Metal, 8 GB, 2 Hours (2nd Generation) OLD MODEL
is a much better value for the money as I do not believe the minor updates on this "new" model warrant a $70 plus price increase (a nearly 50% premium!!!!)
The new generation has maintained the small size and easy use of the second generation. They have added a new sensors and image stabilization to 720p video at 60fps. (Second gen-720p 30fps)
I bought the 2nd generation flip minoHD (ASIN: B002R5AM7C) as a present for myself and my family to use for many different applications. The kids have used it for making YouTube videos with their friends. We have used it to record Birthdays, Christmas and many other random filmable occasions all with great results. It has become a favorite of all of the members of my family and me.
My son recently moved away to college and I decided to give the second generation family minoHD to him for school. Conveniently for our Flip-Lacking family, the new 3rd generation minoHD just came out so I ordered it to replace the second generation.
I would be kidding myself if I did not acknowledge that the new features do add some recording benefits but the basis of this review is that my family and I have decided that these improvements just ARE NOT worth the extra $70.
The recording quality is still 720p; the fps increase is hardly noticed. I would feel much better about the price increase if 1080p recording had been incorporated but with the newest round of cell phones producing HD video now, FLIP needs to give us more upgrade for the money.
For now, IMO, the 2nd generation Flip minoHD is a much better value.