Per this Adobe KB tech note is there any way around having to place the FLVPlayback skin SWF in same directory as HTML file the container SWF is loaded from? It pains me to have to put a SWF in my site's root directory.
I think loading the Flash video in an iframe would solve this problem, but is that a good practice? I generally shy away from using iframes because of padding, margin, and sizing issues between browsers. Maybe that's not an issue anymore with CSS.