WebM project just released the new Aylesbury version of the libvpx VP8 codec, which reportedly provides the following advantages with respect to the previous release:
20-40% (average 28%) improvement in libvpx decoder speed
Over 7% overall PSNR improvement (6.3% SSIM) in VP8 "best" quality encoding mode, and up to 60% improvement on very noisy, still or slow moving source video.
The next release, called Bali, is scheduled for Q1 2011.
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