Great news! Making the Raspberry Pi affordable involved some tough calls, including the omission of MPEG-2 decoding. Licensing fees alone for the video software would have boosted the board's price by approximately 10 percent. Now, after many have made media centers with the hardware, the foundation behind the project has whipped up a solution to add the missing codec. For $3.79, users can purchase an individual MPEG-2 license for each of their boards on the organization's online store. Partial to Microsoft's VC-1 standard? Rights to using Redmond's codec can be purchased for just under two bucks. H.264 encoding is also in the cards since OpenMax components needed to develop applications with the functionality are now enabled by default in the device's latest firmware. With CEC support thrown into the Raspbmc, XBian and OpenELEC operating systems, a single IR remote can control a Raspberry Pi, a TV and other connected gadgets. If you're ready to load up your Pi with its newfound abilities, hit the source link below.
Source: Engadget and Raspberry Pi