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@tynan
I use After Effects built in motion stabilizer for any stabilization I might need to do - but for your bike journey I used fxStabilizer which is hardly 'pro' but works well enough for $35 - if you are feeling rich you could run SteadyMove ($499) under Boot Camp/Windows on your Mac.
fxStabilizer works in iMovie and FCP.
Demo >> http://mac.softpedia.com/get/Video/fxStabilizer.shtml
Now, I demand you answer my questions, did you strap your Leica to a helmet ? Was it attached landscape ??