Hi,
I did some tests on this subject some 2 years ago, inspired by the
method developed by J. Andrzej Wrotniak. In his tests he came to conclusion that the IS gives 1 to 2 EV advantage.
Essentially the test is setup by shooting a sequence of pictures of a subject and assessing the sharpness of each picture (or if you prefer, assessing the shake blur). Prerequisites: subject is in focus, which you secure with tripod, using the liveview and then locking the focus.
The subject can be arbitrary. I used a printout of a resolution chart.
What you do is to shoot a sequence of pictures, single frame mode. Repeat the procedure for a number of exposure times, covering a suitable range of shutter speeds that will cover from "all blurred" to "all sharp". For instance 1/60s, 1/125s, 1/250s, 1/500s, 1/1000s. (Since the scope has no diaphragm you need to adjust the ISO).
Next assess each frame on your computer from a sharpness point of view against a reference that you regard as sharp by your standards. The ratio of sharp frames / total frames gives the probability of getting a sharp picture. To avoid getting biased by knowing the shutter speed you should inspect the frames in random order. If you have time repeat the inspection procedure to level out subjective perception.
Repeat the procedure with IS and without IS.
Log the results in a spreadsheet and have the spreadsheet SW present the results as a graph where the tests with and without IS are aligned.
The distance between the slopes give an indication of the advantage provided by the IS.
(Needless to say?) When doing the test with the scope on tripod, one must non lock the tripod head. Instead the head should be loosened as in normal mode of operation, as if you were framing the subject and pressing the shutter while holding the camera body.
In the attached examples where I tested the effect of the E-630 IS, handheld and monopod at 420mm. The distance between the dark blue and pink curve is in the order of 1EV. Same goes for the The test was conducted with 10 samples for each exposure time, which may be too few samples and explaining the deviations. I also remember light conditions were somewhat changing while I was shooting.
What more does the graph tell us? At 420mm (840mm 35 mm equivalent on 35mm system)
Handheld you need close to 1/1000s for high keeper rate handheld. In line with what I expected
With IS engaged, you can shoot at 1/500s with high success rate
On a monopod and IS, 1/125 should be fast enough
Forget about shutter speeds 1/30 or slower
I also did assessment for "sharp" and "acceptable" sharpness (according to my standards). Standards may vary between people but as long as you define a standard and stickto it during the assessment it does not impact the result of the test.
Maybe I should do the test for the SW80? I have a feeling you need around 1/125 or faster, and that the IS gives 1EV advantage.
Sorry for long post.
/Tord