I have the first installation of a new silverlight media player working. I still need to work on few cosmetic things such as making it smaller for audio files but overall I believe it should work with no issues.
Silverlight is browser plug-in similar to flash, currently video/audio support includes WMV/WMA. MP3. The big benefit is that it's cross browser friendly and will allow those on the Mac platform to view embedded WMV and WMA content right in page. I won't go into detail but embedding WMA and WMV even in a cross browser friendly scenario is impossible let alone both browser and Mac platform. This solves those problems.
If you are using a Windows machine the other big benefit is that you already have all the tools you need for creating video or audio files in either of these formats. I'll be adding some tutorials on how to do this some time in the future.
You'll need to install the plugin for it to work, if you do not have the plug-in there will be image in place of where the video should be. Just click the "get silverlight" arrow and you'll get a prompt to save/run the install file. This file is little over 1MB so it won't take long to download. At the end of the install you may be prompted to restart your browser. You should now be able to view the video.
One feature of the player is a full screen mode, you can get into this by clicking the second button from the right on the bottom next to the volume button.
If you do not want to install the plug-in there is still a direct link available.
For more information on Silverlight you can check Microsoft's page here: http://silverlight.net/
What about Linux? Well you're not left out in the cold. There is open source version in the works. information is avaialble here:
If you have the plug-in installed there should be video here ready to play: