In Google search result, it only showed the hot link named "watch commercial" and if clicked it'll play only 2x2 inches window that can be paused & hidden anytime.
While in Yahoo search result, the hot link named "play video" and will be played on 5x5 inches window but the whole web page is grayed; so you have to deal with the video ads window first before continue working with the Yahoo search result page.
I've tried these on my Pocket IE, but it doesn't showed any video ads hot links mentioned. Perhaps the video ads is for desktop web browser for now, or perhaps it'll come later on each countries region. Anyone who've tried this and work, please post a review. Spread the knowledge I'd say. Read on Mills' blog here for further indepth review.
(blogged with my Treo 750v)