Hi:
Andy Ruina here. I am the fat bald bearded guy with a lisp in the 7 minute video that A.T. posted.
A. Reading the whole discussion here I think one gets a sense of a consensus that I agree with.
1) Bicycles are balanced by steering.
2) Moving bicycles can balance themselves.
3) Gyroscopic torques contribute to this self-steering for balance,
so do trail (castor) effects.
4) There are other effects that contribute
5) Our (Delft+Cornell) TMS bike and related calculations show that gyroscopic and trail effects are not necessary for bike balance.
B. In the video of me gabbing and gasping away I say one word wrong. In the video I incorrectly say "our calculations showed that trail and gyro terms were not important". I meant to say "were not necessary". They
are important.
C. I would like to think that the much of the text in our various papers, just glaze over the math if that's not your thing, is readable by people who read this forum. You could start by looking at the photos and videos on these pages and then lightly read the various papers:
http://ruina.tam.cornell.edu/research/topics/bicycle_mechanics/stablebicycle/. In our papers we pretty thoroughly review most all other papers on this topic.
D. One misconception in posts here, which I have seen on other forums: Opposite spinning gyros that are linked together (like the wheels on our TMS bike) do in fact cancel. The stiffness from spinning doesn't add, it cancels. Angular momentum is a vector. So when you have two opposite angular momenta stuck together they add to zero. It's not like red mass and blue mass make more colored mass. It's like going North and going South is going nowhere.