HTML5 brings a <video> tag to HTML, hoping to make video an open web standard that all browsers will natively support, just like the <img> tag currently used.  As a bonus, this should eliminate the need of using Adobe Flash for displaying video on websites.

The guys over at Jilion have announced a highly experimental HTML5 video player called SublimeVideo.  It’s gorgeous, and allows full screen playback, complete with HUD controls.

Requires either Safari 4.0.4+, Google Chrome 4.0+, or Internet Explorer with Chrome Frame installed currently.

Check out SublimeVideo now.