Lindsay Wagner has become a recurring symbol of quality in the video business.

When the former "Bionic Woman" shows up on tape, the result usually is refreshing. Wagner starred in "The Acupressure Facelift" (Lorimar, $19.95), a relaxing facial-massage program, and "Touch" (Media Ventures Video, $14.95), a serious role-playing program that helps children become aware of sexual abuse.

Wagner's latest project is "Psychocalisthenics" (Cinergy Entertainment, $29.95), an exercise program aimed at calming both body and spirit. Devised by Chilean fitness teacher Oscar Ichazo, this unusual regimen borrows from yoga and dance principles and adds an emphasis on breathing. The result is a 16-minute sequence of movements that calm and strengthen nervous, stress-ridden bodies.

The tape starts with Wagner leading a 16-minute "Psychocalisthenics" class. A slow, careful explanation of each exercise follows. After viewers learn the routine, they will need to watch only the first 16 minutes. "Once you learn it, it's yours," Wagner says. "You can do it anywhere."

"Psychocalisthenics" isn't difficult for anyone who has had some experience working out. Even first-timers shouldn't have too many difficulties. The regimen also is profoundly relaxing, due to the deep-breathing techniques and fluid motions.

But there are some snags in the program. Some of the movements put too much pressure on the neck and back. Many of these potentially harmful exercises would be safer if they weren't performed at such a rapid pace. Just about everything goes too fast in "Psychocalisthenics," especially the neck rolls, back arches and V-sits. The shoulder stand is unsafe at any speed for anyone with a sensitive neck.

There's an easy way to solve the problem, however. Just do "Psychocalisthenics" at the learning pace. Then, when you have committed the routine to memory, there's no need to speed things up. Rating: ***

"Psychocalisthenics" is available in VHS and Beta formats at local video stores. Consumers who have trouble finding the tape can get help by contacting Cinergy, 858 12th St., Suite No. 8, Santa Monica, Calif. 90405 (phone 1-213-451-2513).