I tested it yesterday and it works great!
Here's what I did.
I put two stripes of industrial strength adhesive velcro on the front of the board (you can find it at ACE harware). I shaped a piece of clarkfoam like an H, so that I could wrap the camera around it. I glued (epoxy) the velcro counterpart on the bottom of the H.
The velcro is incredibly strong and it didn't come off in some waiste high shorebreak. I actually think that in a big wipeout, the epoxy resin and/or the foam may give up before the velcro... so I don't think I'll take it out in big surf. UNLESS... I put a leash plug on the front of the board, so that I can secure a safety line to the camera. Crazy as I am, it's actually quite possible that I will do that... and that means that you guys will sooner or later score some epic stuff on my blog. I could even put it on my 9.0... Here's another detail.
I'm also thinking about shaping an extra piece of foam and sticking it (still with velcro) on top of the mount, so to protect the camera from the mast when sailing... but I first want to check if it's worth it. I mean, if the sailing videos from the front of the board will be worth it. In the meantime, here's a little video of those three waves that I caugth during the test.
In case you enjoyed the fall, here it is again...
Ah, one more thing.
Do you think my Jimmy Lewis will ever be in the water again?