I stumbled across this tonight:
http://annevankesteren.nl/2009/07/web-video-codecs
Apparently a "video" tag is potentially going to be included in HTML5.
But this was quite interesting:
"I think the HTML5 specification should make the requirement for Ogg Theora and Vorbis. Everything we do has the risk of patents after all and Mozilla and Opera not being able to commit to H.264 is a red herring. H.264 is not suitable regardless as it is not a royalty free format. And once Ogg Theora and Vorbis support is in browsers and content is encoded using these formats, hardware support for it will most definitely come. "
What do you guys and gals feel about open source codecs? Waste of time? Or a huge money and time saver? Thoughts?