@wil007, it is waterproof but it's a quadcopter, can go upto 30m away. Has a microphone, GPS, Three-axis Gyro, Magnetometer,Barometer,Accelerometer, two cameras and High definition MP4 recording. The last time I checked, it still had a few firmware bugs which the company says will be removed but at least I saw it working demonstrated by it's inventor, a UC Berkeley graduate, Antoine Balaresque
If the ROAM-e is successful, it's advantages are: it's not bulky and would be easy to carry around but I need to see it working, my only innocent request, I want to see it working fully, not just it's LED lights