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Streams of Thought: H.264 Wins—Now What?
WIth Microsoft's announcement that it's adding H.264 playback to Silverlight, some would argue that H.264 has emerged triumphant in the codec wars. So what does that mean for the future of online video?
Tues., Sept. 9, by Tim Siglin
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So today we’re finally at a point where the pieces of the H.264 ecosystem have come together to form a common platform of acquisition and delivery. That deserves a celebration, but it’s also a reminder to all the players in the various segments to make sure their interoperability and adherence to the H.264 spec is of paramount importance.

Otherwise the frustration of "almost being there" will create as many problems as we had during the format wars.