Cameras
Yes, I love my heavy Nikon D7000 DLSR—I just hardly ever carry it anymore... Sony's mirrorless NEX-5N has become my go-to camera for backcountry stills and video. Image quality is on-par with the D7000, at a fraction of the size and weight. Overwhelmingly, compact size and low weight trump everything else when I'm climbing and skiing. Big cameras tend to spend all their time in the backpack—or the car.
Video remains both an exciting and vexing aspect of my backcountry photography. GoPro's new Hero2 has completely usurped the Contour cameras for my helmet-cam needs. For pro-quality work, I do have an NX70U, but major issues (which may be fixed by Sony in mid-2012) prevent me from being able recommend it right now.

Sony RX100
Sony NEX-5N
Sony NEX-5A
Nikon P300
Sony NEX-VG10
Panasonic TM700
Sony HDR-CX160
Canon XF100
Sony NX70U
Canon XA10
Gopro Hero3 Black Ed
Contour+ Plus
GoPro HD Hero2
Contour 1080p
Nikon D800
Nikon D600
Nikon D7000