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I bought one a couple of years ago. It is very cool but its very hard to control with the iPhone, however if you have a Mac laptop it is possible to control it using an Xbox 360 controller. I wouldn't recommend going over water with it though.
I may have test flown v1 when the v2 came out bc I don't remember it being near as nice as the one reviewed in this video. I wish I would have seen this last night when this was on sale. I'd use this to get used to first person flying via the cameras instead of line of sight. If also fly it over the water on calm/ no or low wind day. $200 won't even buy a new go pro to mount to a dji phantom but the parrot has 2 cameras plus a lot of the same features and one it doesn't , vertical stabilization for around $200 to $300 I think. For comparison, a new gen1 dji phantom without a camera, go pro or otherwise is currently priced at $400 ($500 with a built in camera).
parrot 2.0 video
It's no phantom but I think it would be a good starting platform.
