Haha, now I understand. I think had you left in the title it would have made more sense. You're at film school? Or taking some sort of film class? I only had lectures and seminars on film studies, a semester or two after me they started doing actual films... damn
Still, loved analyzing movies.
This was a video I quickly shot with a K-3.
I did jerk the camera more than the K-5 SR can probably work with. I didn't see any stabilization in effect on the screen. Also wait for the part where I actually bothered to focus.
(I was mostly testing some other issue found on the K-5 and K-3 in conjunction with the DA 50 1.8, where it changes the aperture in video mode when you change focus when you are not recording. Only happens with that lens/camera combo, tried a few DA 50 1.8, tried several other lenses). Others have found that the camera takes the video at a higher resolution (takes the full frame instead of just a crop), analyses it (disregarding the accelerometer), and stabilizes. You can also try having the camera on a tripod and moving what you are shooting around. That should be stabilized too. So I doubt the stabilization will work when the whole scene is moving. At least it will get confused...
Maybe what happened was that Fujitsu added the stabilization feature to their processor (remember it is not only used by Pentax, who have an accelerometer in all their cameras, including sensor based mechanical shake reduction), and Pentax engineers saw that and thought they'd just use that feature instead, since it won't be as audible on the recording. If they even tested the camera it happened at 50 fps, where the downsides are less obvious.
Maybe someone with connections to Pentax (Adam?) can ask them if there are any specific reasons for only having electronic SR in the camera, and inform them that there are some massive downsides to that in some, well, many situations. Being able to also use the mechanical SR would be very, very helpful and would add a selling point to the camera over other brands. Perhaps when you do an interview again...
You can also watch the other videos on my YouTube account, which show the K-5 SR doing its magic.