Great post on Lifehacker about what HTML5 is and how it will influence the way you will use the web and the way developers will develop for the web.  Especially the video embedding could be a major step forward for cross browser, cross platform streaming video content delivery, since you will no longer need to rely on a video plug in like Flash or Quicktime to watch videos on a site.  The drag and drop features, as well as the “intelligent” form fields will enable developers to create lean applications, not so dependent on javascript/java libraries or again applications/plugins like Flash.

The browser one step closer to being an operating system.

How HTML5 Will Change the Way You Use the Web – HTML5 – Lifehacker

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