I actually bought a Contour before I ended up selling it to get a GoPro 3 Black. The video quality just wasn't comparable at all. The laser level was a great concept, but the WiFi viewfinder is far easier to use, despite sucking down battery like there's no tomorrow.

There were 3 things I really liked on the Contour, though: the standard tripod screw on the bottom (that's an extra accessory on the GoPro), the battery life was far better, and the model I had was able to withstand a few feet of water without a big bulky case. (Snorkeling/swimming okay, SCUBA not.)