Had a flamewheel 450 clone for awhile, did the gopro thing, then sold it. Mine didnt have the GPS position hold, so was much more difficult to fly. You couldnt just release the controls and have it hold position. You had to stay on top of it.
Buddy of mine has the phantom-1 with a tarot gimble and fpv transmitter. He's getting ready to build an 850 size, either in a hex or oct configuration so he can lift a DSLR rig. He's really unhappy with the gopro's lack of zoom and focus ability. Wants more options.
Some things to consider...Dont refer to it as a "drone" when people ask. its an RC quad-rotor. People are getting really worked up when they hear the world "drone" and instantly assume your up to no good.
Watch out flying it in neighborhoods. If they dont know you, expect the cops to arrive shortly.
Keep it under 400ft, especially if there are any airfields around. If its flown under model aircraft guidelines, you can get away without faa intervention. Get above 400ft, and they will class you as a UAV and it comes with a laundry list of problems you dont want a part of.
The whole "drone" thing is under heavy scrutiny by everyone right now. Guys want to make money using them, and the FAA is trying to stop it, and everyone has their fingers in the pie. Gonna be fun. Although the first guy to get a 10,000 dollar fine had it thrown out by the judge just recently, so who knows!
I had fun with mine, but after the novelty wore off, and I had a million pics of my house and friends houses from the air, I sold it. I might get another one someday, but it will for sure have GPS like yours!
