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http://blog.chromium.org/2011/01/more-about-chrome-html-video-codec.html
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Also: "Just because a format is widespread offline does not mean that it is suitable for use on the web. Since the web requires open standards, H.264 is not suitable as the primary format for video on the web, by definition."
He ignores the fact that hundreds of millions of portable and set-top devices have h.264 decoding built into them, all of them pulling video from the web. If that isn't entrenchment then I don't know what is. Does he expect people to buy all new hardware with WebM hardware acceleration built in?
It is an irrelevant point either way, video providers are just going to continue to encode h.264 for Flash and for mobile/set-top devices. <video> will be irrelevant for even longer than any of us had anticipated.
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