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Royce Gracie vs. Akebono (from www.RoyceGracie.tv) - Windows Media file. 2mins 37 seconds (~4 meg). This has a freak-show quality because the sumo guy is so much larger than Royce, but Royce beats him with technique - even from the guard, which seems impossible against somebody that outweighs him by like 300 pounds.
These clips were all downloaded from www.sherdog.com. Some are from no-holds-barred events, and some are "pure" grappling. These are ~15 secs apiece (~1 meg).
Shamrock v. Rutten - Great knee-bar.
Gracie v. Taktarov - A great example of "it's not over 'till it's over"
Rickson Gracie v. Yamamoto - Another great example of "it's not over..."
Gracie v. Muraoko - Nice takedown, and an example of why you never turn your back on your opponent.
Gracie v. Mihoubi - Great arm-bar.
Shamrock v. Papadopolous - Great ankle-lock.
Arona v. Machado - An example of what happens when you lose your balance.
Trigg v. Machado - What happens when shooting the legs goes very badly...
Ruas v. Smith - Great ankle-lock
Machado v. Patino - Another great ankle lock
Severn v. Goss - Watch how the guy rolls from the guard to the top, and how his opponent again makes the mistake of turning his back.
F. Shamrock v. Enoue - Ouch! Knees hurt... (marred by bad sportsmanship from the corner after the fight was over)
Severn v. Murphy - Bad camera angle, but I think this is a keylock on the arm.