The new Firefox 3.5 now supports open video formats. What does this mean ?

Firefox now supports Theora, which is a truly free and open video format for the internet. This means that we would have to do away with proprietary plugins or restricted codecs and license fees and be able to embed videos in websites are truly free and viewable by everyone. Mozilla believes that the quality of Theora can be improved and is supporting the development of Theora by giving a US $100,000 grant. This grant is to be administered by the Wikimedia Foundation and will go towards improving Theora’s encoders and playback libraries.