See my last post. The next time you think Flash is "obfuscating" video content, ask yourself why there are so many requests for FLV player options out there. Is FLV some awesome codec sweeping the nation, or is it simply the format many sites choose to upload Flash video content in?
But, if you want a real eye opener, just do this:
1. Open Safari
2. Go to Windows > Activity
3. Browse to a Flash video
4. Look at the activity for that page
5. See anything large downloading?
6. Double-click on it.
For instance, here's a direct link to an MP4 file streaming throgh Flash on FoxNews (they don't use FLV apparently). It's pretty much like reading HTML source. It's like baby food simple.
http://media2.foxnews.com/032810/032810_weather_flash_FNC_032810_09-09_FNC_MED.mp4
So. It will basically be the same with HTML5. The only difference will be that playlists will be handled through javascript and Ajax calls with varying degrees of obfuscation... unless developers simply don't care about obfuscation, at which point they can use an implementation that is pretty human readable but convenient to update and maintain.
~ CB