Sure, here are some thoughts from the author...
I agree that's it's very annoying when video stabilizers overshoot, especially when it comes to panning. That's the main reason why i made this filter. It it designed never to overshoot. That's why it needs two passes. If it does overshoot, then there's a bug somewhere, but I have a feeling that what you're experiencing is the zooming applied to avoid the black borders. If you don't want that effect (and I can understand it if you don't), choose another edge compensation (such as 'none').
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One thing I would really like to see is the ability to change the parameters without having to go in and manually edit the first pass file.
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What do you mean? You *can* change the parameters during the first pass.