I'll tinker around with this new service and see what it has to offer.
Techcrunch's take:
"While Flickr has a 20MB monthly upload limit on free accounts, and YouTube has a single video file limit of 100MB, Tremeo’s monthly limit is 200MB and 20MB for a video file. Good for photographers and very short video suitable for mobiles. There’s a 1 GB total storage maximum."
wow. sounds like mobile video upload heaven for now.