Commoditization alarm bells were sent ringing here at Faultline when the CTO of video orchestration vendor Vualto, James Burt, was forced into an early apology during our conversation this week – after we were wooed into a false sense of security by the company’s products page, which is in the process of being shaved from six down to three. UK-based Vualto is currently in a state of limbo, consolidating certain playout and workflow technologies targeted at the OTT video market under one broader management umbrella through a central API and graphical UI – with a cloud-heavy approach to video orchestration and delivery. In the coming weeks, we can wave goodbye to VuLive, VuVoD and VuReplay as standalone products, becoming part…