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Selling point for me buying the iPhone 6Plus OPTICAL IMAGE STABILISER. It may well replace most of my action cams.
I’ve struggled with most stabilisation software as well. My best results have been doing it manually in FCS7 using keyframes and going (almost) frame by frame (though Ive had lots of practice over the years) but even then it doesn’t compare to capturing it good in the first place.
I think iMovie had better results than FCX - you would assume they use the same algorithms or FCX would be better - maybe I was imagining things.