You are correct, I would put even that traffic is coming to YouTube instead of Google Video, it is exactly what I was written about: less additional "people" are coming to Search to Google where they have some "stable" conversion rates, more coming for content but that part (YouTube) of monetisation is not working yet.
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Some of which is possibly explained by the fact that google now direct a lot of the traffic away from video.google.com to youtube.
You are correct, I would put even that traffic is coming to YouTube instead of Google Video, it is exactly what I was written about: less additional "people" are coming to Search to Google where they have some "stable" conversion rates, more coming for content but that part (YouTube) of monetisation is not working yet.
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