Google has bought the site YouTube. It is not known yet if Google Video will stay or that the two clipsites will merge.

What we do know is that after the deal with Warner Bros, there's also an agreement with Sony BMG. This means that a whole lot of clips will be legal now and that the site will be a vast video-library.

The service will be free but maybe there will be more advertisements.

Let's cross our fingers and hope that we can keep enjoying all those interesting vids and link to 'em