In case you missed it, the Parrot AR.Drone 2.0 is coming to a store near you in 2012. The device has been improved in many areas. You can now control your drone more conveniently. It also has a 720p camera on-board. The drone captures high quality videos and lets you upload them to YouTube. It gathers geolocation data too.
The device will set you back $300 though. But it is one superb toy to have for your iPhone or Android.