CSS 3 & SVG powered :)

• filter: url(svgElt) for the black & white effect
• clip-path: url(svgElt) for the round cropped effect
• transform: rotate(x) for the rotate effect
• SVG for the button and the border

Click on the center of the circle (Yes, it's a <video/> element).

If you want to see the original video, just do a right click on the video, then View Video.

If you are a web developer, you should do a ctrl-u.

If it doesn't work for you, try Firefox 3.1/3.5 beta!