I have the same problem:

martin@pc:~$ lsb_release -a
No LSB modules are available.
Distributor ID:	Ubuntu
Description:	Ubuntu 14.04.1 LTS
Release:	14.04
Codename:	trusty
martin@pc:~$ uname -a
Linux pc 3.13.0-45-generic #74-Ubuntu SMP Tue Jan 13 19:36:28 UTC 2015 x86_64 x86_64 x86_64 GNU/Linux
martin@pc:~$ lsusb | grep Cam
Bus 003 Device 011: ID 045e:0779 Microsoft Corp. LifeCam HD-3000
martin@pc:~$ cheese 

** (cheese:4661): WARNING **: Couldn't connect to accessibility bus: Failed to connect to socket /tmp/dbus-cLJXkkP1Fj: Spojení odmítnuto
libv4l2: error turning on stream: Nepřípustný argument

(cheese:4661): cheese-WARNING **: Interní chyba toku dat.: gstbasesrc.c(2865): gst_base_src_loop (): /GstCameraBin:camerabin/GstWrapperCameraBinSrc:camera_source/GstBin:bin17/GstV4l2Src:video_source:
streaming task paused, reason not-negotiated (-4)

martin@pc:~$ guvcview 
guvcview 1.7.1
file guvcview_video.mkv has extension type 1
file guvcview_image.jpg has extension type 0

** (guvcview:4675): WARNING **: Couldn't connect to accessibility bus: Failed to connect to socket /tmp/dbus-cLJXkkP1Fj: Spojení odmítnuto
file guvcview_image.jpg has extension type 0
Video file suffix detected: 0
Image file suffix detected: 0
ALSA lib pcm.c:2239:(snd_pcm_open_noupdate) Unknown PCM cards.pcm.rear
ALSA lib pcm.c:2239:(snd_pcm_open_noupdate) Unknown PCM cards.pcm.center_lfe
ALSA lib pcm.c:2239:(snd_pcm_open_noupdate) Unknown PCM cards.pcm.side
bt_audio_service_open: connect() failed: Spojení odmítnuto (111)
bt_audio_service_open: connect() failed: Spojení odmítnuto (111)
bt_audio_service_open: connect() failed: Spojení odmítnuto (111)
bt_audio_service_open: connect() failed: Spojení odmítnuto (111)
Cannot connect to server socket err = Adresář nebo soubor neexistuje
Cannot connect to server request channel
jack server is not running or cannot be started
video device: /dev/video0 
Init. Microsoft® LifeCam HD-3000 (location: usb-0000:00:14.0-11)
{ pixelformat = 'YUYV', description = 'YUV 4:2:2 (YUYV)' }
{ discrete: width = 640, height = 480 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 720 }
	Time interval between frame: 1/10, 2/15, 
{ discrete: width = 960, height = 544 }
	Time interval between frame: 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 448 }
	Time interval between frame: 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 640, height = 360 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 424, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 352, height = 288 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 320, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 600 }
	Time interval between frame: 1/15, 1/10, 2/15, 
{ discrete: width = 176, height = 144 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 160, height = 120 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 800 }
	Time interval between frame: 1/10, 
{ pixelformat = 'MJPG', description = 'MJPEG' }
{ discrete: width = 640, height = 480 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 720 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 960, height = 544 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 448 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 640, height = 360 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 600 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 416, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 352, height = 288 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 176, height = 144 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 320, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 160, height = 120 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ pixelformat = 'RGB3', description = 'RGB3' }
{ discrete: width = 640, height = 480 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 720 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 960, height = 544 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 448 }
	Time interval between frame: 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 640, height = 360 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 424, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 352, height = 288 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 320, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 600 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 176, height = 144 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 160, height = 120 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 800 }
	Time interval between frame: 1/10, 
{ discrete: width = 416, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ pixelformat = 'BGR3', description = 'BGR3' }
{ discrete: width = 640, height = 480 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 720 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 960, height = 544 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 448 }
	Time interval between frame: 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 640, height = 360 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 424, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 352, height = 288 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 320, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 600 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 176, height = 144 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 160, height = 120 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 800 }
	Time interval between frame: 1/10, 
{ discrete: width = 416, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ pixelformat = 'YU12', description = 'YU12' }
{ discrete: width = 640, height = 480 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 720 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 960, height = 544 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 448 }
	Time interval between frame: 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 640, height = 360 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 424, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 352, height = 288 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 320, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 600 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 176, height = 144 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 160, height = 120 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 800 }
	Time interval between frame: 1/10, 
{ discrete: width = 416, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ pixelformat = 'YV12', description = 'YV12' }
{ discrete: width = 640, height = 480 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 720 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 960, height = 544 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 448 }
	Time interval between frame: 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 640, height = 360 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 424, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 352, height = 288 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 320, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 800, height = 600 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 176, height = 144 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 160, height = 120 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
{ discrete: width = 1280, height = 800 }
	Time interval between frame: 1/10, 
{ discrete: width = 416, height = 240 }
	Time interval between frame: 1/30, 1/20, 1/15, 1/10, 2/15, 
vid:045e 
pid:0779 
driver:uvcvideo
checking format: 1196444237
VIDIOC_G_COMP:: Pro toto zařízení nevhodné ioctl
fps is set to 1/30
drawing controls

libv4l2: error turning on stream: Nepřípustný argument
VIDIOC_STREAMON - Unable to start capture: Nepřípustný argument
fps is set to 1/30
Checking video mode 1280x720@32bpp : OK 
libv4l2: error turning on stream: Nepřípustný argument
VIDIOC_STREAMON - Unable to start capture: Nepřípustný argument
libv4l2: error turning on stream: Nepřípustný argument
VIDIOC_STREAMON - Unable to start capture: Nepřípustný argument
write /home/martin/.config/guvcview/video0 OK
free controls
cleaned allocations - 100%
Closing portaudio ...OK
Closing GTK... OK
martin@pc:~$