My first look of the AV1 codec is up on Streaming Media Magazine. Here’s the pithy summary.
“These tests revealed glimpses of very alluring quality as compared to existing codecs, but at a current encoding cost that’s far beyond what the vast majority of video publishers can afford to pay. How many devices will play AV1 without some form of hardware acceleration is also in question, though again, this may be easily fixable. While you should expect encoding and decoding performance to improve pretty quickly, it’s hard to see AV1 as relevant for most producers for at least 12 to 18 months.”