Great idea for a plugin. The community really needs a sleak non flash player.
Centering does not work however which is a big deal. I can text align center on the shortcode, but the video is left justified on the page.
I'm not sure why devs overlook this essential so often, but all the design perfection is pretty much null without being able to keep things looking tidy by centering the video in the post. Unless I'm just missing it.
Also there is nothing listed for .mov. I'm hoping this will read mov h.264 files just as it will mp4.