Have you checked your Flickr account today (if you have one)? It appears videos are in fashion. You can now upload videos. A youtube contender? who knows!
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I don’t think it’ll be. It’s only for paid accounts, and only 90 seconds. For free, one can upload longer vids to Youtube, Dailymotion, Veoh, etc..
Bad move for them, IMO.
True, but, it may be that one piece that makes people drop $20/yr for a pro account at Flickr (even though it’s worth it on their own). Flickr just has the name and userbase behind it to make it a nice option for users.