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FlySurfer said..
... you can get a NEX 3/5, with a metabones for equiv. and the quality TOTALLY blows this away in a slightly larger package.
I'm all for modding, but I think you've invested in something that doesn't, never has, never will have good image quality, what size is the CMOS, 7mm?
It's like those brackets that can align any CCD/CMOS with any lens... you can buy them for astrophotography.
I hope I didn't rain on your enthusiasm...
^Exactly.
Or if you want native EF control an EOSm sells for about $230 dollars body only on ebay (250 with 18-55 or 22m pancake). You can also adapt basically any lens to an EOSm through adapters ($10) sold on ebay... The quality of EOSm is far superior to a Go-Pro and can even be hacked to shoot video in 720p RAW if you want. If you get this camera definitely download magic lantern so you can increase the bit-rate (I get up to about 70Mbps).
Go-Pro is great for a POV camera or to put places that a normal camera is too big, but to use the camera like you are describing (and for the price) is kind of pointless in my opinion.