The only thing about the gopro is that it doesn't zoom. But I never found a need for zooming since I have to keep both hand on the reins at all times LOL.
I LOVE, LOVE, LOVE my pocket camera!! It's a Nikon COOLPIX S6200, and it runs for ~$160.00
What it lacks in the faster shutter speeds of a full-size camera, it makes up for in it's size. I've taken over 600 pictures with this camera since January, and my friend, who just got a new Cannon and lens (for over $2,000) would really like to have my camera, too, bc she misses grab shots. Here is a "grab shot" I took with this camera, which also does video, and time-elapsed shots.
the best all arounder I would say is the Cannon Powershot SX30 IS. It is AMAZING! Take fantastic video, and has a 35x zoom.it also takes really great video and has some fun settings on it as well.
Here is some of my photography with it. I have more that are more like someone would take photos of there horse or anything like this. Photography Thread
Did you mean SX130? Im getting one and love it (.. use on at school!!)
No the canon Powershot SX30 IS. Is a great camera, but hard to find because its been discontinued. Though you can still find them cheapishly on ebay, and should definitely be snatched up!