Ogg Theora alpha 3 test release will be coming out soon but until there is a beta release they don't really want it being distributed since the format is still changing. I think Monty is still working on improving the ogg container format to support other codecs than vorbis, which will help with theora as well. They had initially planned on the beta to be released back in March 2003 but it has slipped quite a bit.
http://www.theora.org/ Chris
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