I’m still typing up my thoughts on day two of the Open Video Conference, but in the meantime, here is an example of open video in action. At his Mind Flip blog, Jay Cousins writes about “augmented content” as being a potential driver for video monetization on the web. He gives an example of the technology at play by embedding the below video which demonstrates some of the functions of Firefox’s new version 3.5, which supports Ogg video. Check it out.