I have no hands on experience so far, but just ordered mine on the 24th so I have been doing some research. Below are the websites I have bookmarked and maybe they will provide you with a little useful info.
GoPro Hero 3 - Mounting Tips & Tricks! - YouTube
- Mounting Tips.
MicBergsma - YouTube
- Dude has like 290 Go Pro Tip Videos.
How to: doing time-lapse driving videos with a GoPro Hero3 | A Whole Lotta Nothing
- Time lapse tips.
Make GoPro Hero 3 1080p 60fps MP4 Footages Editable on Adobe Premiere Pro
- Format conversion for Premiere Editing.
- PDF of modes and their usefulness.
Have fun! Share your videos when you get some. I can't wait to get mine!