My SONY A77 does it all automatically even if you vary the height\angles within reason so it's quite happy with handheld. Viewfinder gives markers and zones for overlap and prompts you to move to get correct coverage.
Panos will always blur moving objects but most panos are landscape widefeilds really so normally not a problem.
I have done panos by just using a fixed level tripod head and noting the start\stop\overlap points for later on software stitching.
As gbeal said even the point and shooties have a pano mode these days and not a bad job do they do either.
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