Today Youtube announces a new set of APIs to allow third parties to save, tag and search for videos. This is going to dramatically lower the barrier for the creation of video-enabled applications. Here are a couple of interesting links:
It is going to be interesting to see how Seesmic reacts to that because this announcement slices them right in the middle: they have to determine if they continue to invest in their server side technology or cut their losses early and focus on re-building Seesmic on top of YouTube. Not a trivial decision!