Hmmmm.
Despite a little public outcry, most people involved in the media seem to understand why Myspace has blocked Photobucket-hosted media. I was going to list the obvious reasons and lessons, but Om Malik has done it for me, here.
On the flipside, it’s amazing how many sites rely on external, non-partnered comapnies, to host content for free, particularly video content. If Youtube started bookending clips, it’d be a pretty big shock for a lot of people…