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I would like to add phase correlation as a metric because it would be useful in the presence of intensity mismatches.
http://en.wikipedia.org/wiki/Phase_correlation
The phase correlation result consists of a correlation coefficient and a (x,y) offset.
I am thinking the error measure should be proportional to the correlation coefficient but inversely proportional to the distance sqrt(x^2 + y^2).
So error = (corr coeff) / sqrt(x^2 + y^2) ?