Google to Be afraid or Not to Be afraid?

Will or will not Big guys create competitor to YouTube will be dictated not by their ability to do so but by potential of the video market and their fight with mortal enemy to their copyrights: Google, which is violating any possible IP rights. Google is not more than very good index of Library, you can easely find any book, but you are coming for a book, and those who write them will prevail. Technical picture is predicting deteriorating fundamentals: monetising of YouTube will take much longer time and its "juicy business" at the first glance will turn out to be Capital Flash System which will become one more constrain on slowing growth of revenue and Free Cash Flow.