While the iPhone 5 shoots great video, it's a tad ... fragile. I wouldn't ever use my phone to film anything all that exciting.

The GoPro HERO3 was born for extreme situations, however.

It comes with a waterproof case. It's can take fall from 197 feet. The whole thing can be re-built easily if damaged.

It can capture video in 1080p 30fps, 960p 30 fpts, 720p 60 fps, or WVGA 60 fps, right to an SD card. It can be controlled via an ad-hoc wireless network and (this, the cheapest model) shoots 5 MP still photos.