[xArtx]

That video is cool. It does actually multitask well so long as you don’t access the CD drive.
For example, loading the Workbench clock first, then a VCD, the clock doesn’t miss a beat:
[ Show youtube player ]
Plus back in the day, if you had an SX-1 or the expansion Commodore were planning,
to boot the console from HDD, why wouldn’t you want to start a video from Workbench?

I thought Microcosm was supposed to contain FMV, but I haven’t tried it.

One thing I do know, the original CD32 Demo CD ver 2.0 plays the CD32 commercial
in MPEG if you have the module (otherwise the small CDXL player),
and also a music video by Seal is available from the menu which only appears at all
if you have the FMV module.