A video processing system receives left and right 3D video and/or graphics frames and generates noise reduced left 3D video, right 3D video and/or graphics frames based on parallax compensated left and right frames. Displacement of imagery and/or pixel structures is determined relative to opposite side left and/or right frames. Parallax vectors are determined for parallax compensated left 3D video, right 3D video and/or graphics frames. A search area for displacement may be bounded by parallax limitations. Left 3D frames may be blended with the parallax compensated right 3D frames. Right 3D frames may be blended with the parallax compensated left 3D frames. The left 3D video, right 3D video and/or graphics frames comprise images that are captured, representative of and/or are displayed at a same time instant or at different time instants. Motion estimation, motion adaptation and/or motion compensation techniques may be utilized with parallax techniques.