Wes,, i guess for a cheep track bike camera itll be just fine, but only if you get it at a really cheep deal.
I Personally would opt for the gopro every time video seems so much more better, and the gopro has multi functions, even time laps..
Now that the Gopro Hero 3 is out you can get some good deals on the HD Hero 2, as i did on my second one, ebay for 120.. new they are over 350
https://www.youtube.com/watch?v=6h0URYiRYnQ
https://www.youtube.com/watch?v=vBOqX74HdqQ
here are some comparison vids