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Just read that 30% of all YouTube video (the 30% that accounts for 99% of all views) have been transcoded to WebM and of course all new uploads are transcoded to WebM. So far, older h.264 encoded videos are still supported but there are no assurances that will last much longer.
WebM is finally getting full hardware support for both decoding and encoding... and of course it has native support in Android 2.3 and 3.0... should be interesting.
btw, Safari is the only major browser left that has no support for WebM.
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