1. A method operable within an image capture device for stabilizing a sequence of images captured by the image capture device, comprising: using lens based sensors indicating image capture device movement during image acquisition, performing optical image stabilization (OIS) during acquisition of each image of said sequence of images to provide a sequence of OIS corrected images; using inertial measurement sensors, determining frame-to-frame movement of the device for each frame during which each OIS corrected image is captured; obtaining at least an estimate of OIS controlled lens movement responsive to device movement during image acquisition with a lens system including an OIS controller providing, to a central processor of said image capture device, a record of OIS controlled lens movement applied during capture of each OIS corrected image; removing said estimate from the frame-to-frame movement determined for the frame during which said OIS corrected image was captured to provide a residual measurement of movement for said frame wherein said removing comprises transforming said frame-to-frame movement according to a camera intrinsic matrix and multiplying an inverse of said record of OIS control with transformed frame-to-frame movement to provide said residual measurement of movement; and performing electronic image stabilization (EIS) of each OIS corrected image based on said residual measurement to provide a stabilized sequence of images.