The business model of "We are going to create X for Y", where X is a service like YouTube, never works. After viewing the intro video I saw that you can do things like create private communities and invite people to join, and I thought that this is the same way I share photos with the family on flickr. But wait, doesn't flickr also support video? And so does Facebook, and I am sure there are others.<p>Maybe I am just misunderstanding their business model, but I don't see the value of this service.