Before I begin I should tell you that this how-to is directed to those who are brand new to the program Adobe After Effect version 5.5. I will walk through all of the steps allowing the reader to follow along exactly with the steps as I show them. So the only requirement before reading this is to have the program installed and open on your computer, and you have shaky footage you would like to stabilize. I have provided videos each step of the way that walk you through the step, but I did not record any sound with them. You will have to read to know what is going on.
Here is a video of before and after to show the effect we are going for here.