To save you some time looking up the video at the official site, here it is from YouTube:
The new Flashpoints Game Systems page features more detailed information about Flashpoints along with an exclusive video look at Taral V, a never-before-seen Flashpoint from the game. Get ready for great multiplayer action in Flashpoints in Star Wars™: The Old Republic™!
I find it funny how they keep referring to "the Jedi prisoner" instead of referring to the individual by name. Sounds very awkward and, to me, smacks of some big identity reveal for said Jedi waiting to happen.
Next to the video there's also a new Game Systems page with some details on a few Flashpoints, showcasing Taral V and givign this description regarding Flashpoints in general:
Taral V is just one of several unique Flashpoints in Star Wars™: The Old Republic™. Every Flashpoint takes a group of Imperial or Republic players through its own self-contained adventure, culminating in one of several outcomes based on player choices. You won’t have to miss out on any of the story, though – Flashpoints exist in specially instanced parts of the galaxy and can be repeated as often as you’d like. Flashpoints feature enemies that require skill and cooperation to defeat, and are much more challenging than single-player missions, but they offer valuable loot and rewards. Gather up your allies and get ready for explosive multiplayer action in Flashpoints!What I find most interesting here is that in the examples they list there seems to be a clear interplay between Republic and Empire. The low-level Republic Flashpoint is about a Republic transport being attacked by Imperials... and the low-level Imperial Flashpoint is about imperials attacking a Republic transport. Could this be players seeing two sides of the same conflict? Seems very likely. The mid-game ones, including Taral V, is similar with the Empire one being about tracking down an escaped prisoner (could that be "the Jedi prisoner"?). And then the last one is just one Flashpoint that both can play. I wonder whether it's pretty much the same for each or whether they approach the same Flashpoint from different directions. They promised no repeated content between sides, so it's a little confusing to see something listed that looks like repeated content.
Anyway, that's the official update. Read after the break for a Q&A at GameSpot on Flashpoints as well as developer quotes from the last week.