Kassanro,
I know about the one attempt to use the local motion algorithm from XVID.
Manao make a draft of such plugin.
http://atlas2.tgv.net/~media-video/f...f40bb956da64e2
(French forum)
I try it. The motion vector quality is not very good.
For my old 8 mm kino film, the most important is camera pan.
Of cource, it is not universal.
But good result may be by combining global motion plugin and local motion plugin (DUST).