I think this is bad for HTML 5 video in the short run, but I do not care about it anymore, I wished that everyone supported Theora, and then switched to Dirac in the future, but Apple and Google made me give up of my hopes.<p>However in the long run I think this will be an example of 'worse is better' happening, I think WebM will win over H.264. If that is bad or no that's depend on how do you see Apple and Google, if you believe this post contain a good message or if you believe Gruber but not both, for me both are just false in their pretense of openness, which is why I supported Theora in the first place.<p>Theora vs. H.264 was the first big fight that I remember in HN were the majority of comments were just bullshit for me (just like this thread), although there were really good ones from both sides, I also commented in the matter, back then I said that codecs would grow in irrelevance, I belive that H.264, as a patent covered standard, will lose in the future because its licensing terms are not clear and a license for its use can be pretty expensive to people trying to win some money from web video, specially those that have no money initially to spend in royalties (like startups, open source and non commercial projects), my example back them was a cloudy video editor, maybe something that is impractical today, but that I do expect becoming at least practical for simple uses in 2 to 3 years from now.<p>For this type of user paying for royalties in the beginning just does not make any sense and is stressful for their financial situation, this if they want to win money with their project, it's even more complicated for open source projects, for the case that people want to win some money from their company or project a good comparison would be the college student that take loans, trying to make some potential money in the future while spending money that he does not have in the present.<p>I think that WebM will have the preference of this public if they are not aiming Apple products. For me this will happen just because MPEG LA was incompetent enough and did not knew how to deal with the situation, opening the standard to small business, not charging users and business that only stream the using codec, things like that that the consortium never clarified (they never defined the "broadcast market" from which they plan to charge royalties from).<p>More could be said about why I think H.264 will be a thing of the past in the following years, but them my comment would be too big.