In response to a comment from video: vimeo.com/9635954
Just throwing up a video explaining on how to make a quick Cheesycam BodyPod. This method is the simplest design since you don't need to create three sections. It does not reduce the length of the monopod by much, but it will reduce the weight to less than half.
If you're looking to do a three section BodyPod to get the length shorter, there's a different method for doing that. This simple method should suffice for most DIY'ers out there to make this lightweight monopod camera stabilizer.
Part #2 of this video, i'll explain how I mounted the Eye Hook where the footing was, and the Quick Release head to the top after I cut it.