When you apply SmoothCam to a clip, the plugin generates a file in the same folder than the clip with the data necessary to stabilize THAT CLIP.
When you use the MM you are making new clips and the files wrote by Smootcam are related to the original clips. So two solutions;
– Render the Smoothcam before to use the MM.
– Apply the Smootcam to the clips of the project creted by the MM.
The second way will give you better results and will be faster.
If you apply the Smoohcam before the MM, Smoothcam will analise the whole of the clip. Not only what you have in your time-line.
This is not convenient because SmoothCam will try o correct the more shaky frames of each clip. Then will apply that correction to the whole clip. Even to the frames less shaky.
The best way is to edit your shoots getting rids of the images with too much movement. Once you have the cuts, use the MM. In the new project apply Smoothcam. The process will be fast because only the image in your sequence will be analised.
Mac OX 10.5.2-FC 6.02-QT 7.4.1
G5 2x2Gh 4GbRAM-BlackMagic Extreme
PMBP 17″Core2Duo 4GbRAM-AJA ioHD
JVC DTV-17″
SONY EX-1 . SONY PD170
..and always a big mess on top of the table.