Tested Veo 3.1 Lite, a new video model from Google. Generated ten eight-second clips. Five of them are in this post. Cost-wise it came out to about $3 for all generations via API. But the main upside is the speed — each video takes 40–50 seconds max.
Technically, the generation process keeps getting faster and cheaper. Judge the image quality and frame consistency (and subtitles) for yourself.