Graava - a camera that can shoot and edit

As much as I love filmmaking, I don't always have time to edit home movies. It's something that I feel a lot of guilt over but like most people, I just don't have hours I can spend on piecing together home videos the way I do on my more professional ventures. So when I've shot hours of footage at a family event, it often sits in an archive indefinitely till I have time to work on it.

Enter Graava - a camera that shoots AND edits. I'll let Graava explain how in the video below. 

What do you think of this? Useful tool? Or passing gimmick? 

FilmmakingDale Goldberg