
Think versatility, mobility and stability
What good is a device that is limited in its overall uses? If you're doing Hollywood that's one thing, but videography these days requires a lot more than a one trick pony. I wanted a video camera stabilizer that could do a lot of tricks. I own a Quad Pod All in One. Its got amazing versatility so you can use it on a tripod when needed, quick release off to go steady handheld, switch to swivel pod mode for lenthy shoots, all fast on the fly. I can mount 2 video cameras to it or 1 video and 1 still camera. It's very mobile and goes just about anywhere unlike steady cams. I make more money with it too. Not only is it versatile and mobile its easy a lot of fun to use, and its very steady via 4 point stabilization.
Tom Barrera
If you still looking for Steadycam design ideas, you've got to check this one out, http://www.Steadycam-Pro.comÂ

I made a $14 DIY poor man's steady cam. It works alright. It actually cost about $14. It wasn't very hard to find the parts or to build it. I warn you that you will need a drill bit that can penetrate cast iron. That might cost more than $14. Drilling through the caps was difficult, but not unreasonably...
In any case, the steady cam works, but it isn't very professional looking. I don't know if you would mind walking around a wedding with it. Even if you painted it, it might still look like some iron pipes.
Klopex
I was just at CES and they have a low end steadicam coming out. I was astounded. It's so smooth. We shot video of the little chick modeling it.
 http://www.youtube.com/Rynnakat  - click on Steadycam video