gianco really needs to capture frames faster than the ~1/30th second rate in standard video to achieve the desired slo-mo effect he referred to in the video, right?
Samsung OmniaHD with 8Mpix camera, and 320x240 resolution is able to capture 120fps.
With a windows mobile 6.1 device such samsung omnia i900, that has a 625mhz CPU and a 5MP camera you can record 120fps in 320x240, the camera of this phone has ISO 800 (it doesn't mean 800fps, but means that it can get a very tiny little power signal from sensor in a very short amount of time)
The sensor should be capable of 120fps at 1/8 sub sampling. I am not entirely sure what they mean by 1/8 sub sampling, but I would assume that it means using 1/8 of the effective pixel count or about 1M pixels. If all that is true, then the hardware should be capable of 640x480 at 120fps. Some assumptions there, though.