I own a tube site
www.snizzshare.com, but we do things resposibly working with the content owners. Like it or not...people like tube sites. The traffic speaks for itself.
That being said, I don't see how either of these sites makes a dime. In fact they have to be hemoraging money just on bandwidth.
Maybe they think someone will come along and but them like with youtube.
I'd have to agree. It's no business model.