Learn how to do it yourself the best Pro DIY steadicam for steady video stabilized shooting

Hi,
with the boom of cheap HD high definition video cameras and video capable DSRLs from the main manufacturers like Canon, Nikon, Panasonic, Sony etc., arose a need for video stabilization for the home or amateur user. Of course to stabilize your camera while hand holding and shooting is not something new and there are many products on the market. The best and most useful product all would agree is the Tiffen Merlin Steadicam. There are many tries from other small companies from around the world including India to imitate it, and a growing number of people selling their DIY products on Ebay. Well for the hobbyist the Merlin results expensive with price more than 600 euro  here in Europe , requiring a serious investment which i greatly encourage if its your profession cause till today there is not a better product. If you like something pro looking with a good result you can spent from 100 to 300 euro on a  Indian, Glidecam or Diy ebay product. But if you are like me and like only the best, read further cause i will show you how to do at home similar, based  on the same principles like the steadicam, better than the cheap imitations video stabilizing system. I will call it from now on the STEDIYCAM

This is a free info how to make a good steadicam. I call it the STEADIYCAM. if you feel like helping i realy will apreciate this. i spend my money prepared for a Merlin doing this project.I am simply like this.  I don't intend to sell it just to share how for a 100 and some you can make sth better than the cheapos, at some aspects even better than the Merlin,  perfect looking and fully functional. Any amount would help. Thanks!
MY NEXT PROJECT IS HOW TO MAKE A BETTER CHEAP GYRO STABILIZED HAND HOLDABLE STEADIY CAM UNIT UNDER 300EUR  HAVING IN MIND THAT THE COMMERCIAL ONES ARE 2000 AND ABOVE SO PLEASE HELP ME RAISE SOME MONEY