H.264
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- FOURCCs: AVC1, DAVC, H264, X264
- Matroska CodecID: V_MPEG4/ISO/AVC
- Technical Description: http://students.washington.edu/lorenm/src/x264/ITU-T_H264.pdf.gz
MPEG-4 part 10 video, also known as AVC, or "Advanced Video Coding." Gee, the codec even has the word "Advanced" in the name - it must be good!
Here is a good picture comparing VC-1 and AVC.[1]