I have taken this video using my N95 while I was driving, the video appeared to be good, even the zooming. This video was taken with the old firmware on my device.
I sometimes have my doubts about the usefulness image stabilization. Mostly it seems to make things look warped instead of stable. It is very obvious at the beginning of your movie. Still, compared to my video, also the old firmware (way back, the old days, a fortnight ago), without stabilisation it seems to reduce stutter.
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Nice and sunny over there though.