Rob, I traveled on her many times when the stabilizers were not used. Of course, normally in smooth to moderate seas. I recall, as I went to Maritime College and learned about ship stability, that I talked to one her junior officers one time about it. He said the calc's (center of gravity, metacentric height, GM, etc) were such that she was always stable, (assuming normal tank and ballast levels) and that the fins kept personnel comfort levels much higher. I took his comments to mean she would not become unstable without the fins out. recall also, that she has full bilge keels, thus also helping to dampen roll.
I also seem to recall several officers saying that the fins, while having some drag increase, were not as much of a speed detriment as one might think. They noted, that without the fins out, the rolling might be such that speed had to be reduced more in the base case.
I also recall a voyage on the original QE, where at least one of the stabilizers was not working, thus they only used one pair, at high speed. Those officers said they clearly felt the difference, whereas she was more or a roller than QE2. One funny final comment, I recall old Cunard folks saying, that even though the QM and QE's hulls at waterline and below, were essentially identical, that the Mary was by far the worse of the two, for original rolling. Even with the QE having the extra deck.
StuM