Site:
Engadget.com Review
http://www.engadget.com/2009/04/30/flip-video-ultra-hd-video-review/The review includes a formal pros and cons and also test video.
My Comments:
I just had a question from Marty about the flip video camera. I actually received one of these cameras as a present recently. In my case, I already had a camera that took photos and HD videos, so we returned it. I personally didn’t like the fact that I could only take video with it, but the video and sound was impressive for the price.
Pros
simple camera
HD quality video, 720
inexpensive
small and easy to carry
You will not cry too much if you lose it
Cons
Not full 1080p HD resolution (only 720, but not bad)
No Pictures, only video
Does not track action shots very well.
Check out the review for more details.