Justin.tv has more incoming video than YouTube
mashable.com
mashable.com
Their launch was brilliant (I love the concept), but they need to come up with a way to filter and summarize. I need to be able to grab 30 seconds out of a video and nominate it for the daily "Best of JTV" or something.
I'm not trying to trivialize justin.tv's accomplishment, I just don't think it's a particularly useful comparison.
A quick mental runthrough of various video sites I've used suggests this would be an effective predictor of content quality.
We're getting close to half a billion pageviews per month, the majority of which are on channel pages.