Some of the better ones they are deleting are in the most watched videos of their site. It doesn't make much sense to me, I think the founders would rather think of themselves of artists than business men. That is all fine, but there is a reason youTube is the market leader despite Vimeo starting first. If I were an investor in the company I would be pissed - they went about it in entirely the wrong way with their condescension and will invariably piss off a large group of potential audience.