Cateye - best known for LED lights and cycle computers - has produced a stills/video camera.
Described as "fit and forget", it has easily usable buttons (unlike the tiny ones on the Vimeo) and records GPS information.
Not cheap - £200 - but neither are some 'serious' lighting systems that some people buy.
http://www.bikebiz.com/news/read/cateye-creates-social-website-for-bike-cam