Contemplating getting a GoPro HD HERO Wide camera

After watching a friend's recent attempt at recording a drive up the twisty roads of Ulu Yam, I've been intrigued with the idea of making a video myself. And so I've been researching on whats the best equipment available out there on the market for the filming of car events. These are the two contenders which are available for purchase in Malaysia:

  
Specification Comparison Chart (courtesy of http://www.helmetcamreview.com)

	ContourGPS HD 1080p	GoPro HD HERO Wide
Suggested Retail Price	RM1280	RM1299
Included mounts	Goggle and flat surface, extra stickem pad	Vented helmet, headband, 2 flat surface, 2 curved surface, adjustable pivot arm, WP housing* with add'l open "audio" back, 2 quick release mounts
Included cables	USB	USB, HDTV and RCA
Software	Online download available	No
Lens/Field Of View (FOV)	110 deg. on 1080p, WVGA 135 deg. on 960p & 720p	127 deg. on 1080p 170 deg. on 960 & 720p
Adjustable camera settings	via software: Time, 4 video quality, audio gain, bit rate, contrast, exposure, sharpness, spot/center/avg. metering	via camera menu: video settings exposure metering
Video settings	1080p@30fps 960p "full frame"@30fps 720p@30 or 60fps WVGA (848x480 @60fps)	1080p@30fps 960p "full frame"@30fps 720p@30 or 60fps
File Type/codec	QuickTime .MOV/H.264	MP4/H.264
Battery / included	rechargeable lithium - yes	rechargeable lithium - yes
Battery run time	3 hrs (as per Mfg.)	2.5 hours (as per Mfg.)
Internal memory	No	No
Memory Storage	MicroSD up to 16GB	SD up to 32GB
Memory included	Yes - 2GB	No
Still photos?	No	Yes - 5 mp, several modes
Digital zoom?	No	No
Remote or LANC	No	No
weight w/battery	4.4oz	6.3oz in wp case*, 3.5oz without
Size L x W x H	3.75" x 1.27" x 2.15"	1.6" x 2.77" x 2.5" (in case)
Weather resistance	"water resistant" Not WP without WP housing - NOT included	Yes, only with WP housing* (included)
Other notes:	GPS tracking, Rotatable lens, dual laser sighting system Online video hosting/posting	*housing must be used for mounting of camera

Judging from the reviews and user feedback from numerous sites on the internet, boths products have their strengths and weaknesses. In my case however, I'm looking for a camera that provides high quality footage and ease of editing (the GoPro camera excels in these two areas). Mounting and ease of use are secondary since the camera will mostly be mounted inside the car (the Countour camera is easy to deploy and is less of a hassle to mount). So whats the verdict? 

Have a look at this video comparison between the two cameras and I'm sure you'll come to the same conclusion that I arrived at:



Oh and check out this awesome GoPro video of a ProSports car race between Porsches and Jaguars as they battle it out at Laguna Seca.