this feature is called "Link to embedded player (with image)". But the web is buzzing about what they are calling "Vpip." Link to Embedded Player (with image) (or Vpip) is THE OPTIMAL WAY TO POST MULTIPLE VIDEOS embedded in players ON THE SAME PAGE and with pages containing one video over 3MB in file size.
Here's are 4 examples of the Vpip effect using FreeVideoCoding.com
Flash (swf) format:

Real format:

Windows (wmv):

Quicktime (mov):

USER TIPS:
1. Always choose "autostart" option with this feature to ensure happy web visitors. Your video will autostart immediately after clicking the image.
2. Link back to FreeVideoCoding.com is an optional feature. You can choose to NOT display the link back to FreeVideoCoding.com but it would be very if you did.
That's a wrap!
Nerissa Oden
http://www.FreeVideoCoding.com