All open source Lulop's video transcoding of my Drupal 5 logo screen cast is also very legible (see my earlier flash video encoding shootout) . Go open source go!
video.ca's flash video transcoding of my Drupal 5 logo screencast (see below!) seems pretty legible too. Again as per my previous brightcove versus blip.tv versus google video versus YouTube informal shootout, I can't use video.ca as my default video service because there's no Creative Commons licensing option. Yes, I am pretty dogmatic about that. I believe in creating a digital commons which is not of concern (alas :-) ! ) to most people.