It just target different audience. There is no need for it to be "like Youtube" or just disappear. It serves completely different purpose as documentaries (mentioned here), conference talks and etc.
Personally, I find it at least as useful as Youtube if not more.
Silly question, Wired. Would you ask why NBC keeps the Sci-Fi Channel alive under that name, or why Disney/ABC keeps ESPN alive under that name?
It's branding. "Google Video" has a certain meaning to viewers, and "YouTube" has a different meaning.
Even if they get the same backends, it would make sense to have more serious and educational videos on "Google Video", while music, entertainment and amateur videos live on "YouTube".
I dont want to burst your bubble or sound like a smartass, but just want to clarify this. That video is 30 minutes long, because it is hosted on one of the older accounts before the policy was changed - signing up for any new accounts limits you in the limit and size of the videos you can upload (1gb and 10mins respectively).
so the limit doesn't apply to old accounts, even if they post stuff today. thanks. don't see why that'd be bubble bursting or anything. i wanted to know.