End of OCT...pre-ordering on gopro.com starts in a couple of days. Thanks for your stoke!

This video was 960p at 30 frames per second.

The mount you are interested in from the Moto2 video is called CHESTY, see it here:
goprocamera.com/index.php?area=2&productid=16

Yes Wobby, the HD HERO does allow for AV out while recording. Check out the following link for information about this, as well as other features, that our New Firmware provides:
goprocamera.com/support/hdheroupdate.php

The decision to shoot in 960p (r4) was made based on the desired field of view. 1080p (r5) has a 127 degree field of view and a 16:9 aspect ratio (typical aspect ratio for HD, but much less of a field of view from top to bottom than from left to right). Alternatively, the 960p mode has a much wider 170 degree field of view and, with a 4:3 aspect ratio, it offers a taller field of view from top to bottom as well. This is still an HD resolution, but with a 4:3 aspect ratio. The other 3 mode options on the HD HERO (r1, r2, and r3) also have a 170 degree field of view, but with a 16:9 aspect ratio (not as tall of a field of view as the 960p mode). There's really no right or wrong, the decision just depends on what you're trying to record. After using your GoPro a couple times, you'll know what resolution setting you're going to want to use before you even mount it. I hope this helps!