Google Video, the future of TV???

For those of you that are not aware, google now offers a video hosting facility which according to some tv industry insiders, is causing a storm within the industry.

Google video allows individuals to create there own shows and post them on to the site.

The worry is that many tv producers may decide to cut out tv channels by hosting there shows on google, where they will be able to charge consumers directly for the shows they want to watch, creating bigger profits for themselves.

Why not take a look here:
http://video.google.com/

Heres a little video for you to watch.
As a guitar player myself, i found it impressive. Enjoy!