I have embedded QT files as test in a couple of blog posts myself, using the method described above. You don’t have very much choice about placement of the video in relation to the text of the post, that way, though.
You can have much more control over how your text wraps around your video by using HTML to create a table two columns wide and at least three rows deep. You then just pick a cell to place your video and use the EMBED code along with any other options that you want (WIDTH=x, HEIGHT=y, AUTOSTART, etc.)
<table width="440" border="0" cellspacing="0" cellpadding="0">
<tr>
<td colspan="2">{place opening text here}</td>
</tr>
<tr>
<td width="215"><embed src="{video filepath/name}" width="{video width #}" height="{video height}"></embed></td>
<td width="225">place text to wrap along the side here</td>
</tr>
<tr>
<td colspan="2">{place ending text here}</td>
</tr>
</table>
“table width=” and “td width=” can be changed to make your video & text fit together in your posting space.
The major draw back to this is that video loads everytime the post loads, but if you have a good amount of bandwidth, then this may not be a problem for you. I have found that it can slow page loading, even with ATUOSTART=FALSE, which is deadly for any kind of web site.
What I will now be using is the MightySeek PodPress plugin as it has the capability provide multiple formats of your video in a post. You can give readers the oppportunity to watch their choice of QuickTime/mpg or FLV/WMV/AVI. It also gives viewers the opportunity to download and watch your QT/mpg video off their desktop.
On top of that, this plug can be used to submit your video to iTunes as a video podcast to even further spread dsitribution of your video. Apple has a screening process, so not every video makes it online and mine has not made it yet, so I don’t know if this part works perfectly. I also use GoDaddy as a host and their very unique file structure may cause issues, but I don’t know yet.
So far, the only issue I’ve had with PodPress is that it seems to require viewers be registered and logged in OR in the process of leaving a comment in order for the Play Now function to work properly. Byt viewers can still play the video on a popup or download and watch. The author of PodPress is looking into this as I type. ??
Hope this al helps.