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Google has just opened their Google Video service to the public. When it's done, Google Video will allow you to upload all your videos for anyone else to download (sort of like how Flickr hosts all your images for free). One feature Google has over Flickr is they'll let you charge users for downloading your video if you'd like. In this later option, Google will take a small percentage of the profits, whereas if you let the videos get downloaded for free, Google won't charge anything on top of that.
Google says there will be absolutely no limitation, neither with respect to the size of the video files nor with the playback length or anything like that. They say they accept a wide range of formats including QuickTime, Windows Media and RealVideo, but their preferred format is MPEG4 (750kbps) video and mp3 vbr (128kbps) audio. Also, they specifically say you need to own all the rights for both the video and the audio (meaning no fan-made music videos, which would have been the only thing I was gonna bother to upload).