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The problem I see with these types of sites are copyright violations. Let's say you post a revised nintendo clip, funny family guy picture, or funny clip from a movie, all it takes is for one big corporation to get pissed off and shut you down and go after your assets. I don't think it's worth it unless your either dumping non copyrighted videos or going offshore. Bandwidth is also an issue but I am sure income usually covers that cost
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