a friend of mine has the OctoCopter. 8 Propellers. And we played with that one. Sweet setup, but man super expensive.
This one seems a bit on the cheaper end and I would be a little hesitant on putting something big on it. No bigger than a GoPro that is.
I played with my friends OctoCopter with a Canon 5D MarkIII. And that's alot of cost on something in the air.
But if that little guy works, which I doubt you won't have a problem with a small camera, then it would be sweet of the footage that you will get.