Xiph.org Releases Theora Alpha One
Pajama Crisis writes "Xiph.org, the crazy guys behind Ogg Vorbis, have released the first alpha version of Ogg Theora, an open video codec. Downloading, hacking and smashing into little pieces is cheerfully encouraged. Theora has been mentioned on Slashdot before. Also, Xiph has been working with a couple different companies to bring Vorbis to a portable near you; stay tuned."
The killer application is to insert a DVD and have it simplistically rip and encode it for personal viewing. Make it simplistic enough for the masses to use, and let the codec take off as a standard induced by practice not dictates or technology.