From ACS's web site:
"The GoPro's image sensor is controlled by the amount of light it senses. In normal lighting conditions the sensor runs faster than the propeller causing distortion and odd lines in your video. Our filter modulates the amount of light entering the sensor and keeps the speed of the sensor slower than the propeller. Since the amount of light changes constantly and the filter does not we designed the filter to completely remove the propeller in 90% of the conditions experienced in VFR flight. For best results we recommend avoiding shots straight into the sun."
Me thinks this is a plain ol' neutral density filter (probably a 3X if I had to guess).
