cheap pinhole cameras are lower resolution indeed, or b/w.
frame rate is going to be more dependant on the recording unit.
go to B&H photo and video to see $1000 lipstick cameras, that are full res, and unfortunatly larger than would ever be usefull.
what recorder would you use, almost every recording unit would have such a big size to it, that a camera WITH a recorder would be the smallest payload.
trying to transmit back to ground, would be expencive and never is good enough. seems like some kinda of tiny DV or digital camera would be best, and talk about damage on impact , most of them wouldnt survive a fast chute landing.
consumer video tranmitters might make it 20 feet on a good day
and the higher end ones, might make it 200, before the picture was worse than a digicams cheap video capacity.
that is all i can think of, would be a 300$ DV camcorder, and just aligning a mirror, everything else gets BIG somewhere in the total package, even if the viewed or camera head was tiny.
spy stores, would have stuff, but then cost, and resloution and frame rate again, would be big issues.
what about the DV head spin? on high G force takeoffs, a helical scan recorder could fail you. the head on a dv unit spins at 9000rpm, like a minature gyro, if there is a turn, the gyro would slow down, and you would get bad picture.
hmmm
i think for assurance i would have to go with a full digital flash memory type unit. and they have poor res, short time, and low frame rate. but being all digital they would guarentee a pic if the memory was still intact.