You can watch the entire Zarqawi video, in a high-quality format and in the form in which it was released by al Qaeda, at Power Line News. Zarqawi actaully begins a few minutes into the video; it starts with some general al Qaeda propaganda, which is also interspersed later. Clips include bin Laden and damage done by the recent bombings in Egypt. There is no translation yet, so comments by Arabic speakers on the video’s content will be of interest.
For what it’s worth, Zarqawi doesn’t look too good. He seems a bit dazed and rather halfhearted.
Thanks to Joe Malchow for tracking the video down and uploading it. Joe has comments on the video here.
UPDATE: Confederate Yankee has commentary, all of which is serious and some of which is very funny.