Okay, this Thread is perhaps the best place for some kind of advertising. The Codec is important, yes, but more important (because we are all able to reencode our videos) is how the video player handles our videos:

I would prefer a possibility to continue videoplayback while checking twitter, so please vote at the nokia ideas project:

• Making the N9 the best video player

• keep playing videos in background while multitasking

• Music Player and video player seek bar gesture.

• a option in which you enter the GOTO TIME

Those are not my ideas. But I can feel their pain. At Idea 3 I would personally prefer buttons like at Panucci with a fixed index to jump, but a gestue would be also a working solution.