Really want to thank SP1 for ArCGIS 10. Those really help us to incease productivity.
With just released SP1 for ArcGIS 10, it is amazing for some good improvements, especially, efficiency and stability, within image analysis and building pyramids on plenty of raw imagery (workspace). In addition, some functions such as 'composite' and 'difference' also can be directly working on larger image service(s) without 'clip' first. Certainly, very fast and productive!
On Mosaic Dataset, however, it is still lacking of effectiveness to do statistics, so that it is really hard to quickly adjust color in the mosaic image, especially, when using the color of reference image (manually-adjusted image) for re-tuning. From initial results that we got so far, it looks not very promising. Anyhow, we are still testing ...
Spatially, it looks that GCPs (ground control points) of the references are still not considered to re-adjust Mosaic Dataset, while or after 'Geometric Function' is used to remove distortions. In fact, based on our tests, with IKONOS, QuickBird, and GeoEye images, the current function/chain still produce 5-15 pixels shifts, even though high-resolution DEM is used, in particular, densely-populated places or overlapping images acquired on different dates. For GeoEye, 3-10 m shifts are very common, if only RPC & DEM used (without combining surveying and historical spatial references).
Really wish that collecting GCP from references can be available somewhere on some of images and then those GCPs can be used to spatially re-tune mosaic dataset.