I guess the debate between high ISO (championed in cameras like the D700 Nikon digital SLR cameras or the new 5D Mk II Canon digital SLR cameras) and built-in image stabilization like in Olympus digital cameras (well, the 510/520 series and the E-3, at least), Pentax cameras (like the and Sony digital cameras like their Alpha line) is more important to the enthusiast market than I’d given it credit.

To that end, this is one of the more level-headed articles I’ve read about the two that basically boils down to “they both do their jobs for static subject”. (whether or not you want to stop motion blur is a different and artistic decision, and in that case there’s no substitute for higher shutter speeds via high ISO if you want to counter-act it). Nikon users, don’t write the article off until the second example where he does the test more empirically. The first test is good for showing how different factors contribute to overall image quality, however.

http://theonlinephotographer.com/the_online_photographer/blog_index.html