YouTube == Napster of the late 90s?

From Om:
It reminded me of my post from last month - Google, You Tube and Dark Side of Online Video. I had raised concerns about this then, and only this past week, I saw that NBC was issuing a cease and desist to You Tube over a SNL clip. You Tube (and Google) can hide behind DMCA to some extent, but in the end as one commenter on my previous post had said - this is no different than Napster. Listings (and hosting) of other people’s content can and will always get you in trouble.

My 2 cents:

If anyone figures out what the biz model of YouTube is beyond monetizing traffic resulting from sharing copy written video content, please let me know. ;)

While I think micro-content in video format, copyright or not, are going to stay around... no matter if YouTube or its siblings get shut down. The more interesting thing I think will be a content discovery and delivery service.

Just as the ORIGNAL Napster, and iTunes helped me discovery new content -- cheaply and effecitvely (and in iTunes, a real way of monetizing it). The really compelling thing to a user will be having a system that can help me identify what I'd be interested in (i.e think Tivo), and deliver it to me (i.e. fireant, ipod, etc.)