Yes, you should add the two tags as in your example.However, because
both of these tags modify the behavior of QTSRC you need to include
the QTSRC tag in the OBJECT part as well or they will not do anything:
<OBJECT CLASSID="clsid:02BF25D5-8C17-4B23-BC80-D3488ABDDC6B"
WIDTH="320" HEIGHT="256"
CODEBASE="http://www.apple.com/qtactivex/qtplugin.cab">
<PARAM name="SRC" VALUE="MyMovie.mov">
<PARAM name="CONTROLLER" VALUE="TRUE">
<PARAM name="AUTOPLAY" VALUE="TRUE">
<PARAM name="CACHE" VALUE="FALSE">
<PARAM name="QTSRC" VALUE="MyOtherMovie">
<PARAM name="QTSRCDONTUSEBROWSER" VALUE="TRUE">
<PARAM name="QTSRCCHOKESPEED" VALUE="33600">
<EMBED src="MyMovie.mov" WIDTH="320" HEIGHT="256" CONTROLLER="TRUE"
AUTOPLAY="TRUE" CACHE="FALSE" QTSRC="MyOtherMovie"
QTSRCDONTUSEBROWSER="TRUE" QTSRCCHOKESPEED="33600"
TYPE="video/quicktime"
PLUGINSPAGE="http://www.apple.com/quicktime/download/">
</EMBED>
</OBJECT>