Fabio has posted a very nice H.264 video on his blog which he encoded using the free FFMPEG tool. This file played absolutely smoothly on my standard, consumer grade ADSL line and while I am not sure about the encoding bitrate used here I would like to point out that the video looks tons better than the so called Digital TV signal that Sky is pushing down on me. And Fabio's demo was running at 1600x1200 on my screen.

This year will be an awesome one for Flash video. I hope some clever developer will add some interactivity and community tools to this sort of viewing experience. Whoever said that Tv was dead was dead right. Hey, that gives me an idea...