1. An image stabilized digital image capture device, comprising: an image sensor for capturing a digital image; an optical system for imaging a scene onto the image sensor; an image stabilization system; an exposure control system; a memory system; and a processor for performing the steps of: determining exposure settings using the exposure control system, wherein the determined exposure setting includes an exposure time; selectively engaging the image stabilization system responsive to whether the determined exposure settings satisfy a predefined condition, wherein the image stabilization system is not engaged when the exposure time is less than a threshold exposure time T t given by T t =K/F, where F is the focal length of the optical system and K is a predefined constant; capturing a digital image of a scene using the image sensor and the selectively engaged image stabilization system; and storing the captured digital image in the memory system.