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When flvs are encoded professionally, the quality is just as good as wmvs. The tricks are the codec, the process and right softwares. Following is a side-by-side comparison of flv using On2 VP6 Pro Codec against wmv using Microsoft's latest Silverlight VC-1 codec. Both have great qualities:
w w w.encoding.tv/demo/compare.htm
Sorry for the weird looking URL. Had to do that because of the 30-post limitation.
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