Air Mobile: I need to play a local video.

I'm developing an application that needs to have a video but without having an internet connection. I searched for a straight forward solution but I couldn't see a clear one.
Can I embed the video? (I couldn't, it isn't possible?)
Is it still good to create a SWF with it inside and then embed it? or it lost its quality / performance?
Any other solution?
Thanks a lot!


Is the video in the local network?
Here is an example playing a video from a local path, you can create an internet path to a server or other pc.
I hope this help.