These are ~2 years behind state of the art from the looks of it. Still cool that they're releasing anything that's open for researchers to play with, but it's nothing groundbreaking.
No, it is not as good as Veo, but better than Grok, I would say. Definitely better than what was available 2 years ago. And it is only a 7B research model!
But 7b is rather small no? Are other open weight video models also this small? Can this run on a single consumer card?