According to wired.com, a new app is in development to help smooth out your shots and gives your home movie a "hyperlapse" real movie feel. This works by an algorithm analyzing your original trajectory, then restitching and blending the frames together to create a more fluid appearance. "Hyperlapse" refers to the smoothed-out version of time lapse videos - a.k.a. the sped-up versions of your adventures that make the action move more swiftly, and now, not at the expense of watchability. The technology is currently in development for a new app for Windows.
Learn more and check out some spectacular stabilized footage at research.microsoft.com/hyperlapse.
So even if you're attacked by sharks during a dive, you'll still look chill.