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SWF vs WMV vs M4V

On Monday Adobe grabbed a DRM company that creates lock downs for PDF files via a client-server method and document encryption. This seems old hat in the textbook and business documentation world, but I wonder if Adobe will use this method to create a new SWF based DRM. For more clues I sat at work listening to the Gillmor Gang discuss DRM and video. They brought up the new Google Video store and how Google is using Flash (7 if you must know) to display its videos. One member of the gang (I forget his name) said (aroung the 18 minute mark) that Adobe and Macromedia's merger should bring DRM to Flash in the future so Flash can become a more viable content distribution model. I'm all for it... er let me clarify, I'd prefer DRM free content for ease of use etc, but if it must be there I want cross platform content, like Flash. In order words, that new VH1 video site and the new Comedy Central video service are closed to my iBook due to lack of vision on the part of their developers (and the music industry, but that's another story), but if the content was Flash based (like CNN's free in page video) then the content would be semi cross platform (sorry Linux, wait for 8.5). The only question is: Is SWF (and On2 by association) better than WMV and M4V?

image from video for Flash

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