So, a WiFi-attached device sitting in my bedroom with a high-sensitivity microphone, a proximity detector, and unknown software? I think I'll pass, even though the product seems cool and useful otherwise.

Sure, I've got my cellphone in my bedroom at night and it's got the mic, network connection, and unknown software. But I figure there's a much better chance of someone discovering that Google or Sprint has installed a backdoor into my phone's OS or hardware that's sending recordings illicitly than there is of someone discovering the same thing about a niche product.

If the software was open (such that I could compile and install it myself if I wanted to), and the collected data was open and available to me too, I'd be a lot more inclined to buy this. Those changes would also create the possibility of an add-on developer community that could be constantly providing new software capabilities to the device, which makes it even more compelling as a product. For example, philbarr is asking about a bunch of baby monitor features; those could all be added with software changes, I'd bet.