There was never much momentum to begin with. They took 2 years to finalize the bitstream and then another 4 years until they had their 1.0 release which was lacking in features, speed and quality. Not even 2-pass encoding was supported. Now, more than 2 years later, they implemented that and improved quality a bit, but the encoder still has bad performance, doesn't support multithreading and from what I read has rate-control problems.
Personally I don't think there will be a "modern" Theora encoder any time soon and the current VP8 implementation isn't that impressive either, but at least Google decided to spend some money on xvp8, so I guess there will be a much better VP8 encoder available next year.
Last edited by nurbs; 1st June 2011 at 10:48.
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