Is a pocket camcorder a good idea?

Alright so I've wanted to do some video for a while (video reviews of products, possibly vblogging, and recording other cool things while I'm out and about) but I'm not 100% sure how I'll like it. I was thinking of buying a Creative Vado HD because I do want the videos to be high quality but I'll mainly be uploading them to YouTube. When I do product reviews or speak into the camera, I'll use a tripod but when I'm out and about, I may not. Does the Vado sound like a good choice for what I'm trying to do? If not, what's a good alternative? Thanks a lot!