Youtube variable playback speed (Part I: in a perfect world)

For the past few days, I have been trying to figure out how to get the variable playback speed option to work on the youtube clips I uploaded using Chrome--the HTML 5 supported browser.

How to enable the variable playback speed on your youtube videos

In order for you to have the variable playback speed option on your youtube videos enabled, you have to join the trial for HTML 5 video on youtube.

After you click on the "Join the HTML5 trial, you show see the following interface.

This means that the videos you  from now on could be played using the HTML 5 player, which would allow the users to control the playback speed (5 different options) when using a browser that supports HTML 5 (as of today).  Click here to check how well your browser supports HTML 5 or check the bottom of this page for a list of browsers supporting HTML 5.

What you should be able to see (in theory)

So, if you are using one of the browsers that support HTML 5, after you click on the option icon, you should be able to see under "Speed"--the five speeds you can choose from with the normal speed as the default setting.  

How do you know which player it is that is playing the clip for you know?  If you right-click on the movie, you will find the last item in the drop-down list as "About HTML 5."

as opposed to "About Adobe Flash Player..."

So, what I have mentioned so far is... how things should be in a perfect word...

Part II | Part III (The reality about the variable playback speed feature)