How to make a cheap motorcycle handlebar camera mount

Someone we know has had his eye on going motorcycling around the Blue Ridge Mountains a while now with a video camera to document the do’s and don’ts of mountain riding.
Unfortunately, we’ve toyed with a couple ways to mount a camera, but nothing as cheap or as nice as this mount. This tutorial has got to be one of the best howtos for motorcycle mounts ever, with pictures of the parts and where to buy it and steps on how to create it without scratching up your handlebars. It’s also probably the only motorcycle mount camera tutorial. But still.
MAKE < KnickKnack