In their advertising, Sony has hyped the improved stabilizer. I've played with it for a couple of hours & here's the results.
1) The stabilizer gets applied as a Media FX, rather than a take (as in the V10 stabilizer). That's okay, but it complicates issues like:
...a) Two events on the timeline, one stabilized, the other not.
...b) Splitting an event where you two different stabilization settings for each section.
2) The Vegas stabilizer has only three adjustments:
...a) A Pan Smoothing slide bar
...b) A Zoom Amount slide bar
...c) A Rolling Shutter Correction checkbox.
3) The first few tests resulted in some unexplained jerking (i.e. the image was steady, then abruptly shifted, then remained steady again). Or, it would be steady for a while and then seemed to lose stabilization. The following final render seemed to work fine - were the problems I experienced transitory? Fixed by a restart? Time will tell.
One of the reasons I value stabilization is for the Mercalli V2 "Rock Steady" template, i.e. emulating a tripod. So that's what I tested. I slid both slider bars on the Vegas Stabilizer to the 1.00 (max) setting and compared that to the Mercalli V2 "Rock Steady" template. IMHO, the Vegas stabilizer did a pretty good job (let's hope the glitches I saw in the early testing do not recur).

Here's "glich" I saw in my early testing (about the 10-11 sec mark).

...Jerry
1) The stabilizer gets applied as a Media FX, rather than a take (as in the V10 stabilizer). That's okay, but it complicates issues like:
...a) Two events on the timeline, one stabilized, the other not.
...b) Splitting an event where you two different stabilization settings for each section.
2) The Vegas stabilizer has only three adjustments:
...a) A Pan Smoothing slide bar
...b) A Zoom Amount slide bar
...c) A Rolling Shutter Correction checkbox.
3) The first few tests resulted in some unexplained jerking (i.e. the image was steady, then abruptly shifted, then remained steady again). Or, it would be steady for a while and then seemed to lose stabilization. The following final render seemed to work fine - were the problems I experienced transitory? Fixed by a restart? Time will tell.
One of the reasons I value stabilization is for the Mercalli V2 "Rock Steady" template, i.e. emulating a tripod. So that's what I tested. I slid both slider bars on the Vegas Stabilizer to the 1.00 (max) setting and compared that to the Mercalli V2 "Rock Steady" template. IMHO, the Vegas stabilizer did a pretty good job (let's hope the glitches I saw in the early testing do not recur).

Here's "glich" I saw in my early testing (about the 10-11 sec mark).

...Jerry