Actually there is
The 70-200 L has 2 IS modes, mode 2 is for when your subject is fast moving so the AF point locks onto the subject and blurs everything else during panning and subject tracking making for sharper subject focus! mode 1 is for standard IS shots where you're moving for example (camera shake/helichopper etc)

The 70-200 L has 2 IS modes, mode 2 is for when your subject is fast moving so the AF point locks onto the subject and blurs everything else during panning and subject tracking making for sharper subject focus! mode 1 is for standard IS shots where you're moving for example (camera shake/helichopper etc)