Using smartphone sensors to stabilise DSLR video in post So I had an idea. Almost everyone has smartphone equipped with gyroscope and accelerometer. It wouldn't seem too far fetched to me to strap this smartphone to DSLR and have some app record data from these sensors while shooting video. Then you would load both the video from DSLR and data from your smartphone into computer and use the sensor data to stabilise your footage. Of course you would have to time-sync your data and video and you would probably get just 720 stabilised video out of 1080 original footage because of cropping, but you would get stable video for good coin (if you already have both smartphone and dslr) and in very portable package (unlike 3axis brushless gimbals and seadicams).

Now I am pretty sure I am not first person to think of that. Is there any solution like this? or do you see some obstacle I've missed?
SteadXp works like you describe, although it is still a product in development.  Also, it uses its own accelerometers, rather than using your cell phone's.  Presumably, this is simpler than relying on the myriad protocols of various cell phone manufacturers.