You not using Flash Video because someone told you some bad hair stories?
Serge Jespers put a list together on 8 misconceptions about Flash Video. I must say his list is impressive and I’ve already heard almost all those bullets on different meetings, luckily I had an answer ready 
Follow this Link: http://www.webkitchen.be/2008/12/23/8-misconceptions-about-flash-video/
The Misconceptions on flash video by Tiago's Weblog, unless otherwise expressly stated, is licensed under a Creative Commons Attribution 2.5 Switzerland License.
