Very interesting aproach to 3d stabilisation was published over the web. How does it work? Research team at the University of Wisconsin, partnering with Adobe, will present a new approach at the SIGGRAPH conference in August. They have developed some method of applying a 3D mesh to the image to warp your image three-dimensionally to make the stabilization even more seamless. Watch the video.

Source: http://createdigitalmotion.com/2009/06/30/magical-3d-warping-techniques-steadies-your-videos/