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I think it is better for you test it first before doing many edit.
I use flowplayer video player to test it:
http://flowplayer.org/
There is a free version there. Download it.
In the download package, there is an example page for it.
You can view the example source code for knowing how to use it.

I'm sorry that I can't provide you a live demo for this. I think my host will kick me out if I do that, because I think it is a very CPU intensive process