VP8 and Open Web Standards

I am on the internet, so this is important to me. I now have a VP8 encoder, which I might or might not be using in the future. I've started encoding the old Left 4 Dead 2 video in VP8, and despite my Core i7 920, it is taking a while. I've been using Miro video converter, which is a nice app. It has a clean and easy to use interface. I am willing to put up with slow encodes because I support open web standards. This means that I support open-source and free codecs that don't require a license to use. I've always been big on open-source software, and I really like the idea of having open, easy to use, and universal web standards. This means that users should all be able to take advantage of open standards. I have to admit that I love Google for stepping in and doing what others should have done. As much as I like Ogg Theora, the quality to file-size ratio has always been a little bad. Also, there has been poor support for Ogg Theora with HTML5. Open standards also will give web browsers more competition because people don't have to pay huge sums of money to release a browser. I use Firefox, so this is especially important to me. Anyway, I might upload a test video of VP8 if I can. I'd like to test quality, and I look forward to using it in the future.