Here is a stabilizing setup I put together for my gopro 3 using mostly old paintball parts.
I wanted to keep this steadycam setup as compact as possible so it could fit in my camelbak.
Need to test it and change some parts around still.
Thanks to Jimmy Li for the inspiration.

And a quick video of (not with) the rig showing the rocking when moving around:

Here are the parts I used:

The Lapco bar and dual asa block (piggy back) are from:
http://www.baccipaintball.com/drp132.html

The vertical bar is a VM foregrip / trigger guard:
http://www.baccipaintball.com/vmp105.html
http://www.baccipaintball.com/vmp093.html

The knobs on the front as counterweights are steel sheridan 12 gram plugs:
http://www.baccipaintball.com/parts/pump-parts/sheridan-pump-parts/sheridan-plugs.html

The Sheridan 12 gram knobs are mounted on the front of the vm forgrip with site rail mounts but the vm bar can easily be drilled and threaded right into the vm foregrip.

The steel piece under the go pro is a sheridan lower tube back plug (drilled as an rva so the screw goes through it):
http://www.baccipaintball.com/parts/pump-parts/sheridan-pump-parts/rvas.html

Most screws are 1/4-28, 10-32, and 8-32.

And I ordered the universal joint off ebay.

Find this post on facebook at:
Go Pro Steady Cam from paintball parts posted on facebook

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