SWFObject v2.2 попробуйте публиковать в
другом режиме.
Привожу код, который я повсеместно использую без проблем. Вот публикую несколько плееров на странице (их больше, чем 2). Пути убирать не стал, думаю все понятно.

Код:
<head>
.
.
<script type="text/javascript" src="js/swfobject.js"></script>
<script language="javascript">
var flashvars1 = { contPath: "video/autoclosing.flv" };
var params1 = { menu: "false", allowScriptAccess: "always", allowFullScreen: "true", quality: "high", bgcolor: "#ffffff", wmode: "transparent" };
var attributes1 = false;
swfobject.embedSWF("flash/player.swf", "player1", "190", "184", "9.0.0", "flash/expressInstall.swf", flashvars1, params1, attributes1 );
var flashvars2 = { contPath: "video/dempfing.flv" };
var params2 = { menu: "false", allowScriptAccess: "always", allowFullScreen: "true", quality: "high", bgcolor: "#ffffff", wmode: "transparent" };
var attributes2 = false;
swfobject.embedSWF("flash/player.swf", "player2", "190", "184", "9.0.0", "flash/expressInstall.swf", flashvars2, params2, attributes2 );
</script>
.
.
</head>
<body>
.
.
<div id="player1"></div>
<div id="player2"></div>
.
.
<body>