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Depends on many factors. In example, Mechbunny's script is expensive, but it's very good and if you plan to have more than one site, you have unlimited licenses. Nubiles is free, but you can't add your own content and customization is pretty limited. Then again, it's free.
You'd also use WP, or even WPMU, then import CSV files with all the content and you'll end with a SEO mega-engine filled with content in 5 minutes. But for this, you'll need someone that knows his/her shit, and I mean REALLY know it. And you'll probably end paying some good money. Probably not as much as Mechbunny, but you won't have some transcode features Mechbunny's script have either.
Another great option is Smart Tube Pro, which costs $499, but I'm not sure what about further licenses, you'd need to check out with them
Then you have Tube Ace and TEVS for $100 or something like that, really simple and quite cheap, but I think they don't have video transcoding options and that could make a difference for you. Or not. Anyway, just ask around, ask for demos and evelauate the cost/benefit equation and you will probably find something cool. If it's just for experiment, I'd tell you to choose Nubiles, TEVS or Tube Ace and from there see how it works for you and if you feel the need to upgrade to something more complex.
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