Honestly the 1080p on our silver's is awesome! The only real difference is the frame rate per second and mainly that is what will determine A. Video stability and B. how much you can slow the video down and keep it seamless. You can also change other things on it too.

I found this article to help compare what the black can do vs the silver. http://camcorders.techcrunch.com/com...-Black-Edition

Mainly, if you don't really want to do a whole lot of editing, just have your video, the silver is a good buy. I have the silver and am still able to edit the videos pretty nicely. The app though does have about a 4 to 6 second delay in the preview part to see what the camera is seeing, but telling it when to start/stop recording is instant.