Fran??ois Beaufort is always teasing Chromebook users with the latest features, and today he posted a message on his Google+ page that accelerated video decoding and encoding capabilities are now available in the internal chrome://gpu page in Chrome Canary. It appears that the functionally works if you set profiles for various of the supported video codecs by Chrome OS, which can be decoded and encoded through hardware acceleration if your Chromebook is supported, which many of them are.
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