Projekktor Zwei
What you´re dealing with here is a pure javascript driven HTML5 video experience. FlAsH is used only whenever there´s no native H.264 support available. In such cases a minimalistic SWF which mimics an HTML5 video element as good as necessary (read: as simple as possible) is used.
via filenew.org
HTML5 is coming. It should have taken over the world in about two weeks (slightly optimistic estimation).
(link found here: http://www.schockwellenreiter.de/blog/2010/03/30/videos-und-html5/ )
