I'm concerned that Google won't want all of the legal liability that is currently on YouTube and will therefore clean it up past the point of being sweet as hell. Just today I watched a South Park episode on YouTube. I doubt Google is going to want big media companies coming after them, which means no more cool shit like South Park.
Still awesome for the creators/investors of YouTube. $1.6 billion after just a year and a half in business. Wow.
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