Peculiar transcoding problem with MOV

[wally]

I’m trying to edit MOV format video (from my Panasonic GH1) in VideoStudio X6 Pro. The capture file is in 720p format. When I’m trying to transcode and save it into any HD format (720p or 1080p) there is a visible shake of the picture which is not that visible in original. In original clip I can see slight shake probably the result of image stabilizer during panning. The final result is much more pronounced. I’ve tried many settings and formats with the same results. However when I’m transcoding the same video using Adobe Premiere Elements 10 everything is fine. Any idea what is going on here?

Regards....