I have the HD, and use the SD mode because I tend to record a lot. I am not so good with video editing, but I will try to get some clips up next week when I am off (American holiday.)
I mount mine on the goggle strap, but it has to either be goggles on a helmet, or the strap on a paintball mask. Something solid underneath, as the goggle straps will flex with the unit.
I have to be careful to aim it correctly. The first time I used it, I got good video of everyone's heads from their eyes up! All in all, I have to agree, it is an easy camera to use, even with gloves on. You also have to tape over the green "on" light at night, because it acted like a beacon last weekend. I don't have a sticker over my microphone hole, and it picks up sound well.