Where is the best place to mount a video cam on a duel deploy rocket?
I don't think there is a single answer to this question. The size of the rocket will determine how signficant the additional drag of an externally mounted camera will be. Whether you mount it forward of the fin can (booster section) or not might depend on a lot of factors - what view you're after, available space, CG...
I like to mount the camera externally on my 4" rockets, on the avbay switchband. This gives a nice view down one fin to maximize field of view towards the ground. It also allows you to observe the separation at apogee and get different views of the fincan during descent. When the main deploys, the camera is again facing the ground.
But mounting the camera just ahead of the fincan separation point doesn't work on something like a Mariah. I had been considering disassembling a Mobius camera and arranging the imager to peek down the side of my Mariah-54 so as to minimize drag - but then I realized the orientation at main deployment was bogus. The Mariah's shotgun deployment means that under main the camera would be pointed skyward. Unless you like looking at the chute when you touch-down this is a poor choice.
I don't like the front-surface mirror approach (periscope) because the camera is not accessible. You either have to remote the switches or be sure to obtain a camera with buttons that you can get at through access holes. Or, as I did, you start the camera during prep and record the trek to RSO, the weigh-in, trek to the pad along with the flight - and edit it all later. Also the view is reversed, so you have to correct this in post processing or live with it. And no matter how good the mirror, it isn't as clear as if the imager is looking straight down the side of the airframe unobstructed.