You guys might be surprised, Facebook probably won't be in a hurry to release video. Youtube is already hundreds of millions of dollars in the red because of bandwith costs, and Facebook isn't always headed up in the charts, they're having to deal with bandwith as well, and having a ton of people uploading videos could spell trouble. I think even Youtube was worried, I mean look how many people uploaded simple "iPhone 3GS video test" videos, when hundreds of thousands of people do it, it really adds up and costs them money, so Facebook might avoid it so that some person won't upload practically every video they take.