As you probably have heard before, The Blender Foundation has made several short films. The latest one, called Durian (Sintel) is almost done and in this video Colin talks about the final stage of the project.
As it seems now it looks as the world soon will have a free solution for video on the web and the umbillical cord to Flash can be cut fo good. Google has namely opened and released the VP8 codec which makes this possible. Garrett-Glaser, a x264 and ffmpeg developer has taken a deep look into the VP8 decoder and found some room for speed improvement. :) Read more at linuxers.org