Yes, I certainly have. I thought that perhaps you hadn't because you kept using the verb "read" rather than "watch" or "listen", which would actually apply to this discussion.
I'm quite well aware that binary blobs are required for the CDM. The requirement of a license server and server-side encryption compatible with a client-deployed CDM would still be prohibitive for the "small fish" (after all, if they cared, they could just use Flash or Silverlight like is done today).
I suppose I am not as confident as you that small fish would stay out of the game. If. I was, my only objection would be that all things proprietary need to stay away from standards.
I'm quite well aware that binary blobs are required for the CDM. The requirement of a license server and server-side encryption compatible with a client-deployed CDM would still be prohibitive for the "small fish" (after all, if they cared, they could just use Flash or Silverlight like is done today).