Here you have EF LENS WORK III that shows all that you need to know about the amazing lens.
In page 186 and 187 you can read all about IS. I am going to use MODE 2 from now on tripod because it does all that MODE 1 does but can detect panning.
http://software.canon-europe.com/fil..._Book_9_EN.pdf
To read all about the lens look att this link
http://www.canon-europe.com/Support/...ork_iii_en.asp
Image Stabilizer system
The Image Stabilizer operates as follows.
a
When the camera’s shutter button is pushed down half
way, the lock on the stabilizer optical system is released and
at the same time the vibration gyro starts up.
b
The vibration gyro detects the angular velocity component
of the lens vibration caused by hand-shake, and transmits a
detection signal to the microcomputer.
c
The detection signal is converted to a stabilizer optical
system drive signal by the microcomputer, which then
transmits this signal to the stabilizer optical system drive
circuit.
d
The stabilizer optical system actuator moves the system in
parallel in response to the drive signal.
e
The drive status of the stabilizer optical system is
converted into a detection signal by the location sensor and
detection circuit both installed on the Image Stabilizer unit,
and this signal is then transmitted to the microcomputer.
f
The microcomputer compares the drive signal referred to
in 3 with the detection signal referred to in 5 and performs
feedback control, thus increasing the controllability of the
stabilizer optical system. This microcomputer, the first high
speed 16-bit type in an EF lens, can simultaneously control
image stabilization, USM, and EMD. (Figure-56)
W
Image Stabilizer Mode 2
The stabilization characteristics of the Image Stabilizer
described above are set so that it is most effective when
photographing stationary subjects, but when panning of a
moving subject is attempted, shake-return may affect the
finder image, interfering with framing. This occurs because
camera movement such as panning is judged to be shaking,
activating the image stabilizer.
To resolve this problem, Canon developed Image Stabilizer
Mode 2. In this mode, if large movement such as panning
continues for a preset time, image stabilization in the
direction of the motion is shut off. As this stabilizes the finder
image during movement, accurate framing is possible. In
Image Stabilizer Mode 2, if you are panning, image
stabilization continues vertically relative to the movement of
the camera, making it possible to control vertical shaking
during panning. (Figure-55)
Image Stabilizer Mode 2 was introduced for the first time on
the EF 300mm f/4L IS USM. It has since been mounted on
other lenses, mainly telephoto/tele-zoom lenses.
W
Tripod-compatible Image Stabilizer
When the first IS lenses were used with a tripod, the image
stabilizer malfunctioned, requiring the photographer to turn
off the image stabilizer function. However, the EF 300mm
f/2.8L IS USM and other new models in the super telephoto L
type IS series are equipped with an image stabilizer that can
be used with a tripod, which prevents malfunctioning. Since
the system uses a vibration gyro to automatically detect when
the camera is mounted on a tripod, the photographer can
focus on the photograph without having to think about
turning the stabilizer on and off. And when a monopod is
used with any lens in the IS series, image stabilization is
identical to that achieved during hand-held photography.
W
Effect of Image Stabilization
The image stabilization function for EF lenses was first used
on the EF 75-300mm f/4-5.6 IS USM in 1995. Converted into
shutter speed, the effect of image stabilization equals about
two steps. With a 300mm telephoto lens, it permits hand-held
photography at l/60 second. Later, through improvements to
the design of the image stabilizer unit and the algorithm used,
the performance of the effect was raised even further, to three
steps, with the EF 70-200mm f/2.8L IS USM which went on
sale in 2001, and to 4 steps with the EF 70-200mm f/4L IS
USM which went on sale in 2006. The lower limit on handheld
photography at slow shutter speeds was thus reduced
significantly.
When the Image Stabilizer Mode 2 is on and an extender is
installed, it provides equivalent image stabilization effects. The
image stabilizer function is also effective during close-up
photography and photography in unstable places. The Image
Stabilizer function that brings photographers these many
benefits will be installed on many more EF lenses as a
standard EF lens technology, evolving even further
for use in even more lenses in the future.