Google Video Search

Have you seen Google's new Video Search? I heard about it the other day, so having just finished this week's episode of 24, I decided to try it out. Pretty cool, but I want video playback, not transcripts. I can see how this would be helpful though. It could be huge for students and research if it could index local newscasts as well. I wonder how they index the video, anyways... voice recognition? Hmm...

UPDATE: According to their "About" page, it works by indexing the closed-captioning text. Cool.