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I also can't see the ad. Probably it is targeted to us users only.
Metacafe.com already uses it and I don't see any problem regarding video experience. Someone has to pay the bills guys.
In my opinion, google will also expand the adsense to youtube users, so video owners will have a % of revenue, which is great.
My questions are about embed players.
Whats gonna be to have a DELL Ad in a embed player hosted in a blog that is supported by HP, for exemple?
This should be a problem for them and for us. Embed will be out?