Global Video Blogging

It seems of late that there is an interest to post videos ( short ones ) . Much like on "Youtube" and other video web sites. I am also keeping tabs on Windows Live beta video site ,I think its called "Soapbox". I think there you can upload your video ,larger and ".wmv" time span.
Since the advent of Google and YouTube merger I am not sure the outcome will be . There is a hint of several lawsuits in the webair , as it were. I am sure if it will work out for the better.