What I'm interested in is what will happen to Vine. Vine was meant to be this great sharing solution for moments recorded in video. It had its moment when it first launched, then dipped in popularity, and only recently started getting popular again. Its use has not skyrocketed (I could be wrong). My belief is that it's because taking a good video is hard, harder I think, than taking a good picture.
So, it's likely that Instagram will able to bullishly leverage its existing and talented user base to take full advantage of the video feature. What about the majority? I'm worried that most Instagram users won't use the feature as actively because they are too intimidated. I mean I looked at the cafe latte example and it was practically cinematic. Is the Average Joe expected to take a video like that?
I think this is the right step for Instagram but I'm not sure whether they've solved the essential problem in sharing these video moments.