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FInal Cut Express Image Stabilization

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So I have Final Cut Express 4.0.1 and was wondering if there is an image stabilization feature like they have introduced on the new iMovie 09? Thanks for the replies in advanced.
 
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Final Cut Stabilization

I was just looking at the iMovie site. Very impressive results. Final Cut Express must be due for an upgrade soon. Hopefully the stabilization feature will be included. I've also been looking around the web for a plugin. There seem to be a few. Not sure which one to use. Does anybody have a recommendation?
 

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