Here's the sample of the wavy video (like looking through waves of water), hopefully this can help in your recommendation: https://www.dropbox.com/s/zd7wyhj4pgo3jfg/WavyVideo.mp4?dl=0

The tilting from side to side is fine (that's part of the airplane ride.... it's the wavy (rippled) video that I want to fix. I appreciate your suggestions (very cool tools in BCC's Image Restoration), but I don't see any that will fix this particular problem. Any additional ideas would be much appreciated. Thanks.

Thank you for posting the video - I can now see the problem.

Given that there is so much wobble, I can only think that Rolling Shutter/CMOS correction along with stabilisation has any chance of fixing or perhaps just reducing the wobble. But you would need a product like the Mercalli 5 Stabiliser from ProDad - https://www.prodad.com/Video-Stabilization-for-Professionals/Mercalli-V5-Suite-for-Magix-77214,l-us.html . There's a trial version that you can install to see if Mercalli improves the image satisfactorily for you.

Mercalli 5 is fairly expensive and comes with plugins for MAGIX products like Vegas Pro as well as a standalone. A standalone only version is available but is the same price as getting the MAGIX plugins/standalone version.

To address the wobble, I would think that the Rolling Shutter/CMOS Correction would need to be set with one of the Intensive Repair settings, but as is often the case with stabilising difficult video, you'll likely need to try a number of settings to see which one works best.

Also, use Vegas Pro 17's inbuilt stabiliser as well as BCC's stabiliser to compare what can be best achieved. Some stabilisers are better at some tasks but not as good as the others for other stabilisation tasks as can be seen in this YT video which compares Mercalli stabilisers and Vegas Pro 17 stabilisation:

Now that you've shared an example, it's easy to see the problem and the cause. In simple terms, it's a variation of the "jello shutter" effect from the propeller showing on the left side of the frame. In this case, it is caused by having the in-camera stabilizer turned on, and it's trying to track the propeller instead of the scene.

I know of nothing you can do about this natively in Vegas. The prevention is to be careful to exclude the propeller in future outings. You can try the Mercalli trial version as suggested by Dexcon.

Dexcon and Musicvid - Thank you very much! Josh's video gave a great comparison in various circumstances. Musicvid - You nailed it! Stabilization in the camera went wild with that prop! Good advice - for next time, I guess. I'll try BCC and Vegas stabilzation, before checking the trial Mercalli. Unfortunately, a re-shoot will not be possible. But it is great to know the limitations (and artifacts) of camera IS.

There are lots of good (and funny) examples of the rolling shutter, or jello effect on Youtube. I saw a couple where Mercalli correction was used with pretty decent results.