Apple revealed today via a newly published patent application that they have a video stabilization system in the works. The system will be both hardware and software based and hopefully translate into an iMovie editing function. Now that would be both cool and greatly appreciated. I don't know about you, but I've taken a lot of video with my iPhone and the quality is great …until you start moving that is. Without a solid tripod-like solution for the iPhone, the next best thing will be to have a software editing solution. The good news is that Apple seems to have been working on this solution for about two years now, so hopefully we'll have some relief of video jitters sooner rather than later. While it'll never be perfect, especially when you're on the move, anything will be better than the way it currently stands today.