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Blip.tv and my videoblog started at pretty much the same time. I've always used them and they are constantly changing their service to accomodate the needs of content creators.
It's a really robust service that is still easy to use for the video newbie..but once you have an idea of how you want your videos to be shown across the internet, they have many different toolsets to cater to my needs.
YouTube > Everything
hehehe YouTube's better for what?... REVENUE SHARING? :D
On top of that, Blip's even figured out how to do automatic crossposting to MySpace, a service I've not seen elsewhere.
Overall they have a fantastic platform with a solid, powerful, and friendly user experience on top of it.
http://mashable.com/2006/12/21/video-sharing
I must say, Revver is definitely the preffered platform for spammers and pornography. They have an excellent affiliation program that really seems to encourage spam feeds. If you like I can provide a nice long list.
Obviously Mashable is out of touch with the core videoblogging community. The obvious proff is that blip.tv one the vloggies award in San Fran for best hosting and sharing site.
Blip.tv has features noone else has that no other sites have. The number one thing is that blip supports cross posting to YOUR own blog on whatever platform it's on, and not just in Flash, but also the original downloadable file in MP4 or whatever downloadable format you choose that is compatible with aggregators like Democracy, Fireant, and devices like the Zune, the iPod, the PSP and more. Every other video sharing site is pretty much soley focused on owning your media and keeping you locked into their platform.
The bottom line is blip.tv is not just a a social network but a service aimed at serious and independant vloggers who want to build equity in their own domain, vlog, platform not youtube or anyone else's brand. This is why pretty much all the big vlogs from Ask A Ninja, to Ze Frank, to alive in Bagdad to GETv use blip.tv. What's more these vloggers are also the most savy and likely to also experiment with a wide variety of other services as well.