A few days ago, I featured YouTube in a post. Recently, AOL announced UnCut Video a nearly identical service. Like YouTube, UnCut also provides for video sharing and offers ready made code snippets that web site owners can use to embed videos in their own sites. The UnCut service allows users to upload videos of up to 5 minutes in length.
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Competition in this area is great, although, I am skeptical of anything AOL.
I agree with Vladimir. I have had bad experiences with many things AOL, and I love YouTube.