well.... not really. Jello is used to describe the distortion that vibrations/fast pans can cause on a CMOS camera with a rolling shutter. A rolling shutter is just the method used to record the image where pixels are captured similar to the way we read a book right to left up/down. This happens very fast but in some camera a jello effect will be produced if the camera is moving fast enough to alter the image between the time it takes to capture 1 frame. CCD cameras don't face this issue because they operate with a global shutter, where each frame is grab in its entirety at one time.
so if were going to be nit picky...
jamie was correct, eheath is the stupid one
but then again I'm the one that just took the time to write this at 1:30 in the morning, so I don't know what that makes me...