YouTube Video Image Stabilization Tested with iPad 2 Recorded Video: Verdict? Awesome

It was only yesterday that I noted that I could really use image stabilization for my iPad 2 video recordings.
iPad 2 & iMovie for iOS Video Recording Test 2: Observations & Comments
Well guess what YouTube started to offer just hours after I posted that little wish.
YouTube Offers Free Image Stabilization (New York Times)
I tried it out right away with the iPad 2 recorded video posted just yesterday. You can see the before and after results below. Does it work? The “after” certainly looks much smoother to me. Thanks, YouTube!
Video without image stabilization

Video with YouTube image stabilization