Ranked in these QuestionsQuestion Ranking
Pros
Pro Huge selection of accessories available
Hero 4 Black is compatible with all GoPro mounts offering a wide variety of accessories available for the camera.
Pro Can capture 4K30, 2.7K50, and 1080p120
Captures 60mbit h.264 video.
Pro Good dynamic range
Pro Waterproof up to 40m
Pro White balance, color, ISO, sharpness, shutter speed and exposure values can be manually adjusted via Protune
Protune is disable by default, but can be enabled in the settings.
Pro Allows shooting in flat color profile
A flat dynamic range will keep more detail, have better dynamic range, but require more color-correcting during post-production.
Pro Has support for an external mic
Pro Can connect wirelessly to a smartphone for preview and settings
A smartphone app can be used to adjust settings as live-preview the image.
Pro Reasonable low-light capabilities
The camera can be set to automatically adjust frame rate to increase low-light performance.
Pro Can limit ISO
Hero 4 Black can set the max ISO past which it won't go.
Pro Small, light and durable
Cons
Con No viewscreen on camera
The camera can only show live-preview over wi-fi via a smartphone app.
Con Short battery life
In most cases (with wi-fi on and using the smartphone app), Hero 4 Black will last about 50 minutes while shooting 4K30 and 90 minutes while shooting 720p120.
Con Built-in menu system is cumbersome to use
Hero 4 Black's two button navigation is not ideal and can be quite time consuming. Luckily, it supports connecting wirelessly to a smartphone and using an app for settings instead that's a lot more convenient.
Con Expensive
Costs $500.