The big innovation here over comparable camera-stablizied GPS-locked drones (eg. DJI Phantom II) is that there is no mechanical gimble which significantly reduces weight and battery consumption of the Bebop.
It's a great innovation, but I still prefer my mechanical gimbal. It offers a lot wider angles and I won't have to crop my footage. When I don't need it I'll just leave off, the reduced weight makes the drone ripping through the skies like a ferrari.
But a mechanical gimbal is awesome; it can rotate to a horizontal position, so you can get satellite-like views, or simply look at the top of something; with a fixed front camera you will never be able to get those kinds of shots.
