Just a quick note to point out last night announcement from Adobe... Flash Player 9 in its Update 3 will provide support for the H.264 codec, allowing playback support for HD videos.
If you remember it was first the YouTube announcement to be encoding on H.264 to support the iPhone, and now a bit later than a month Flash provides the platform to distribute such content based on its own platform both web as in the desktop as this updates also rolls out to AIR.
If you want to find out more, here is an excellent post from Ryan Stewart along with some extra resources; the official Adobe Press Release here, and a really complete FAQ from Aral here.
Enjoy and happy encoding!
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