Earlier this week, Flickr launched video capability, albeit limited (only Pro users may upload videos and only up to 90 seconds each), but a large part of the community doesn't seem to want it there at all:
There are, of course, groups: We Say NO to Videos on Flickr and NO VIDEO ON FLICKR!!
Personally, as much as I love Flickr, I am ambivalent about this move. I probably won't use it, since I already use YouTube, and when my Flickr Pro account comes up for renewal this month, I will pull out my credit card and ante up as usual.