It's about time.
That said, I didn't expect the H.264 adoption to be as quite as quick as it was. I was expecting that it'd take until at least 2012 to get to where H.264 was in early 2011.
BTW, with H.264 having this much acceptance in 2012, the iPad is becoming a more viable solo machine for basic users. There are still significant issues, and a lot of sites still don't have a decent iPad-friendly fallback site (and dedicated apps don't count), but the situation in 2012 is a heluvalot better than it was in early 2011.