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External links tended to lag, but overall, not bad. One thing bugs me, though -- why did they use a power button symbol instead of a play symbol?

Okay, a "power button" for "play button" - are you serious? If the developer who made this is here please change this. A power button to play is not proper, nor is it innovation. UX standards are already in place for a "play icon" to be where you put the "on icon", please fix.

Also, overall performance was very spotty on Safari 5.0.4 with a fast computer.

Check out SoundManager 2. It's awesome. http://www.schillmania.com/projects/soundmanager2/

Oh wow, that's pretty cool. I like the 360° player.

Direct: http://www.speakker.com/

Direct demo: http://www.speakker.com/demo/

Anyone have experience with this in comparison to jPlayer or MediaElement.js?

Speakker - Crossbrowser HTML5 Audio Player