"Looxcie continuously records as you live your life. When something cool happens, simply press the instant clip button to get the last 30 seconds. Press the button longer and the instant clip is immediately shared to your social network." –Looxcie
Another detail worth noting is that Looxcie has developed software that can be installed on your smartphone, allowing you to control your Looxcie headset from your mobile device.
Unfortunately, many will be disappointed with the video quality, which is on par with the many mobile phone cameras of yesteryear (380 & 480p) but I suppose that's the cost of convenience and share-ability. A very interesting product non the less.
The Looxcie 2 is available in 2 sizes, 5 hour video storage model for $150 and 10 hour video storage model for $180 USD from Looxcie's online store.