Well I was just looking across the articles on Bink.nu when I came across a paragraph in this one:
Windows 7 will have native support for DIVX, XVID, x264 and other popular codecs. If a target device does not support a codec, Windows 7 will transcode it
Since I've been trying out the pre-beta build of Windows 7, I decided to have a poke round in WMP, and found that it did indeed have better support. In trying it out, it seems that the only one that didn't seem to work was the Quicktime movie support, and, unfortunately, there doesn't seem to be a mention of ogg and flac support. Nonetheless, this is still a step in the right direction.
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