The embed doesn't show on my friends page, but I do see it when visiting Jamie's recent page.
I'm using an S2 style I wrote myself, a long time ago. I wonder if I just don't have provisions in place for allowing <embed> tags? I viewed the source of my generated page, the embed isn't there at all. I don't think I'm going to fix it.
basically i said that when i try pasting the source code into an LJ entry, after i submit it, LJ seems to strip it. so it's not in the page source of that entry. the < object > tag and the rest of the source do show up the page source of your entry.