Videoclips were initially offered using only three formats: "modem quality" (28.8 Kbits/sec); "broadband quality" (about 100 Kbits/sec); and a "progressivedownload" format.
As a result, you can create a video for high-quality versus low-bandwidth, and progressivedownload versus streaming, and also troubleshoot problems if the video won't play on all devices.