Have you tried embedding it via the flowplayer plugin?
http://forums.b2evolution.net/viewtopic.php?p=98070
(I've installed it and it works well)

An alternative: JW Player http://forums.b2evolution.net/viewtopic.php?t=14651

nomad,

Good hint, I dowloaded the plugin and also dit update it a bit. However I am not jet sattisfied with the result. For multiple reasons:
- the plugin calls ^textarea_wrap_selection( b2evoCanvas, tag, '', 1 )^, and that function does not work (crashes), and infact needs one more parameter :(
- the plugin does not support video screen size parameters. Below what I would like
[video:flow:'+flash_name+' +optional (horizontal size) + optional (vertical size)](
- does give two edit buttons (top from it self, and a flash at the bottum, which should do IMHO)
- strange that the plugin settings are at global and not at skin level
- and of course it is stupid that mp4 etc is not supported.

I hope to fix the first three issues, can't change the latest two bullits I am afraid. Not even sure that I can solve the other points :(

For info, running b2e 4.1.2., java 7 and php 5.3.8. on a windows7 64 bit OS

Louis