Content-Preserving Warps for 3D Video Stabilization
via John Nack
I thought the image stabilization in iMovie '09 was cool, but it looks crude next to this stuff.
I wonder how long it'll be till we see this technology in video editing software, or even in cameras themselves.
Too bad you can't do this kind of software image stabilization for still images. But recovering from a fuzzy image is a lot tougher problem. Maybe if the camera shot multiple images (almost like a brief video) then you'd have enough information.