Lots of fun!
I bought this for my grandson and he really loves it. Someone complicated, but still fun.

Yep, its bad.
I bought this on clearance at Kmart, thinking it sounded interesting, and in the worst case at least I got a green screen. That's about all I got. And since the green screen comes in two pieces, I imagine the seams will cause issues.

I actually got it installed and the software running. But the video stream flickers between what's actually in front of the camera and some previously recorded image. Then it eventually crashes the software. I downloaded an open source webcam program to see if it will work with that, and it had the same problem, and crashed that too.

You can't even use the software with another webcam. It won't start unless the RipRoar camera is plugged in.

Awful Camera, Tripod, & Software... Good Green Screen
This product, as a package, is really very bad and not worth the retail price. Here is what you get and my comments:

1)Camera - Very bad image quality, but the built in LED lighting is fairly good. NOT standalone, must be connected to a PC.
2)Tripod - Just awful, seriously useless flimsy piece of plastic.
3)Door Clips - OK for what they are (plastic clips to hang the included Green Scree material)
4)Sticky Tape - OK for what it is (tape to hang the included Green Screen material to a wall, etc)
5)Instruction Manual - Not very good, poorly written
6)Quick Start Guide - Just useless
7)Installation Disk - This is a mixed bag. A) the software installation is problematic (see comments below), B) the editing software is somewhat unstable, C) the included "Bonus" material is actually fairly good and useful (include Sound FX, Music Clips, Video Clips, and Backgrounds)
8)Green Screen - Surprisingly good! This material comes in two sections with Velcro fasteners so you can use a small or large area. This fabric was worth the price I paid (see below).
9)USB Cable - A good quality cable, but a little short if connecting to a desktop/tower PC.

Installing the included software was a rough experience on my XP laptop and it ultimately failed due to, I suspect, my 1.0 USB ports (MUST HAVE USB 2.0). It was a much better experience on my son's Vista laptop, which installed it without much problem at all. As noted above, the camera quality was not very good and the editing software is hard to use.

My recommendation: If you are interested in Chromakey (Green/Blue Screening) buy the Creation Station at one of the auction sites (I found a lot of 5 for the retail price of 1 here), keep the included "Bonus" material and Green Screen fabric, use the Camera & Tripod as "props", buy a cheap web cam or Flip Video (just love that product!), and Sony Vegas 8 Studio (really good inexpensive editing software with Chromakey).

WONDERFUL FOR THE KIDS
WONDERFUL TO KEEP THE KIDS BUSY ALL WEEKEND LONG AND BE CREATIVE AT THE SAME TIME.

Great concept...lousy execution...
I was excited about purchasing this product as a gift for my 11 year old son. However, it was a losing situation all the way around. The hardware is made of cheap plastic that was broken before ever being opened. And it went downhill from there because the software won't work without the hardware. The only thing of value that I saw was the green screen, which I thought was nice. However, not for the money. We ended up getting charged a restocking fee from Amazon when we returned it, even though it was broken. So between shipping fees and restocking fees, I lost about 25% of what I paid without getting anything useable. Definitely not worth the time or money.