Personally I think this is a good move.

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Personally I think this is a good move. One of the most important factors for me not purchasing a GoPro most recently was the ridiculous price tag. Instead of choosing a Hero I decided on a Garmin Virb and haven't looked back. While my (older) Virb Elite may not be 4k, it's still 1080 on a 16m sensor. Most importantly, it has a slide to record feature I absolutely love.
https://gizmodo.com/gopro-is-trying-to-save-itself-with-a-super-cheap-camer-1824150858

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