THX

This is a completely "do it yourself approach, but I needed to stabelize 1 particular shot, and It worked...

Use Pan/Crop, zoom in slightly, insert a rediculous number of keyframes, and center your new immage around something in the background that ought to be fairly stationary in the shot.

I realize this way is too time consuming for a large ammount of footage, but if you need to correct a critical shot, it works. Plus I know some people like to know a hamfisted approach, even if they'll never use it.

That might be the ticket, find an object in the frame that you want stabilized, put an x on it, then hit the auto stabilize by keyframe button.
Just dreaming.

JJK

One trick to make doing it by hand MUCH easier.
Take a still of the first ( or some other suitable frame that you want to use a a reference). Copy it along the whole of a lower track. Apply Negastive FX, set upper track to 50% composite level.
What you now see in the preview window is the difference betwwen the shots. Keep watching something like the skyline that should be stable.
If it's a really wobbly shot, all I can is Good Luck. I;ve tried several peices of software and wasted a day on 30 seconds of footage and nothing will get you back to a locked off shot. Worse still the closer you get, depending on the circumstance, it'll look worse. Slow shutter speeds are the ultimate killer.
Bob.