I've long ago given up saying, "I wish I had thought of that". But I'm tempted this time. Having young grandkids is my main reason for this purchase. No longer do I need to video them from 6 feet off the ground. They don't see life from that perspective, so it makes sense not to record them that way. There are other good effects made possible by this gizmo, too. Shooting objects, both animate and inanimate, from low angles makes them appear larger, an effect used frequently in films.
The Cam Caddie Stabilizer is made mostly of a tough plastic material with a very nice rubber-like cover on the under-side of the handle. It has plenty of holes in the platform base making balancing the camcorder pretty much a sure thing. The added weight of Cam Caddie is almost negligible, even after adding a LANC controller to the handle to make camera control more convenient.