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Veoh is an ok video host. the downside is that all videos longer than something like 24 minutes cannot be viewed in full on the site, you can only see a 5 minutes preview and you have to install their veoh-tv crapware on your computer to view the whole thing.
i guess its gonna be ok as long as you keep your vids under the time limit. in a way its not worst than youtube. youtube just doesnt allow you to upload long videos, veoh does but the result is not very useful.