He has built the basic GPS data logger using an accelerometer, a GPS unit, and a BS2P microcontroller. The overall weight is 62 grams and it can record for the whole 5 minute flight. At roughly $ ...
It is an Arduino compatible board (hardware, not footprint) based on the ATMEGA1284P which can be programmed to collect and post data to internet logging sites such as Thingspeak or Xively.