Linked by Eugenia Loli on Wed 17th Sep 2008 23:09 UTC
Multimedia, AV Dirac is an advanced royalty-free video compression format designed for a wide range of uses, from delivering low-resolution web content to broadcasting HD and beyond, to near-lossless studio editing. The v1.0.0 version was released yesterday, and the new VLC version supports playback of .ts/.drc Dirac files.
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Kugel is right, it seems that Theora will only be able to be improved to a point and that point will never be able to surpass Dirac, so if Dirac is fundamentally better and has the capability to far surpass Theora, the only reason why you'd want to not completely dump Theora and switch to Dirac is if Theora could play better quality video that was larger space-wise but less CPU-hungry, like was pointed out, for mobile devices for example. Otherwise, what point is there in Theora? At that point you should jump ship.

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