A lot of these devices may only support JPEG still image, and the same (lower res) for video, at maybe a few frames per sec.
I have a C328 device which is presumably a predecessor, and although I've not tried it, it is only capable of 0.75fps if used for a video mode. MJPEG is not really ideal for video surveillance. H.264 is good for that. Then, you need to find a way to capture the RTSP stream from Ethernet. Some of the good IP cameras will transmit H.264 and MJPEG simultaneously.
However, at a pinch, I suppose a cheap module with a very slow frame rate of JPEG may be usable, it really depends on your needs.
With video, how will you transmit it? Data via GSM? Do you have enough throughput for this?