I wonder if we create a new generation youtube. I'll brief you guys more on it below:
Making a ajax youtube where the layout is pretty simple and users are allowed to download different formats for different programs like 'play station portable (.mp4/.mp3), DivX players, etc. Also, allowed to download in mp3 format with fast and reliable servers, giving you the best service. This is indeed a great idea.
Well youtube arent going to let you download from them directly for free, if anything eventually bring in something like itunes where you can download the video pay whatever price it is.
You can download videos from Youtube right now. There are several websites that allow you to do this. Therefore, people won't need this service since they can just use those websites. :\