Hi,
I've included HTML5 video tags as a fallback for operating systems that don't support Flash Player such as iOS, i.e. iPhone and iPad. This makes the Media Player module currently the only way for non-developers to deploy video for iPhone and iPad in Moodle.
More: http://matbury.com/wordpress/2011/02/04/media-player-module-now-supports-html5-video/
Feedback welcome!