i know it's been said by GPH, we will be able to watch videos on the gp2x without re-encoding, and the following were listed as supported formats:
Video Codec support: MPEG 1, 2, 3, 4, DivX 3.11, 4.x, 5.x and higher, XviD, WMV (7, 8, 9 Series by 'After Support')
however, is there any word on...