This is a program developed by NASA that was originally used for looking at the sun and then catching criminals and now they're aiming for the consumer.

http://www1.msfc.nasa.gov/NEWSROOM/news/video/2000/video00-257.htm

http://www.rti.org/page.cfm?objectid=BC9D9BEF-F9E5-46AA-AE1788EFF8F6B8AC

http://abcnews.go.com/sections/tech/CuttingEdge/cuttingedge001103.html

Looks interesting. But with those ultra low resolution movies
it says nothing. They should put up some demo soft!

I saw a full screen version which was very impressive, I'm actaully going to test the method out myself.

When they drop a price on you, please let me know :)

Could this mean the end of steadicams and similar devices? And I to wonder how much it cost to (and even how it works.)

There are other software programs I have seen do the same thing. Being this was designed by NASAs rocket scientists, I'm not sure how good or bad it might actually be. I'm glad that the billions of dollars we pay in taxes have gone to some use.

This tool, or others like it are NOT going to replace steadicams or make crappy home videos look like hollywood productions. They will, however, become another tool in the postproduction toolbox.

The ability to motion stabilize is mostly available already in AfterEffects and other compositing tools. What's new about this appears to be the frame averaging combined with the de-blurring features for detail recognition on things like the license plate, or compensating for parralax shift and the blurring from camera shake.

I knew I had heard of a similar technique before, say about a year ago, so I Google'd "frame averaging". Look at this:

http://www.oceansystems.com/dtective/dveloper_index.html