J/30 Class Association Forums J/30 Forum The Smack Video on the Water - What works?

Many of the folks have posted some interesting videos of on the water events. Santa Claus may bring me a video camera for Christmas. I've spoken to a few folks but wanted to get some input from those who have experience.

1. What is a good waterproof video camera that doesn't break the bank? I've seen the Hero 2 on sale because the new Hero 3 is out, the Contour and the Flip. Any comments on these or other cameras with specific model suggestions?

2. Where is a good place to mount the camera so I can start it and forget about it? I want to concentrate on sailing, not running a camera.

3. What are the best mounts to use for the camera?

4. Video editing - What are the free programs that work. I don't want to invest in a professional video editing suite, but want to be able to do some basic video editing and overlay sound (music).

Please feel free to post any additional comments or suggestions.