It would be entertaining to have an application that would twist a video and its sound into noise in such a way that the file could still be played in any media player, and be “decrypted” with that application.  Steganography for video I suppose.  … Preferably without the loss of transcoding / recoding.
This technology could be further extended to real time transforms of in home wireless video systems like x10, or 2GHz video relay kits.  Keep an eye on your home without anyone else peering in.
Here’s an interesting paper on a similar tangent: http://citeseer.ist.psu.edu/330112.html
But that doesn’t get us any closer to posting crypted video to the myriad of free video hosting sites 
This MSU VirtualDub Filter hides other data in video: http://compression.ru/video/stego_video/index_en.html
I don’t want to hide data in video, I want to render the video unwatchable until decrypted inside its respective container.
Sagacious Himself -- brevity in circumlocution: never blague -- suffering genius 
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