Yes.
If so, how exactly does that work?
Smoothly.
Okay, a bit more detail. YouTube encodes its videos in h.264 as well as Flash. It started doing so in 2007, when the original iPhone launched.
thanks. if that is the case, the argument against apple here is weakened. it still doesn’t do flash, it should, but the ramifications to the user are less than they were assumed to be.