New Google Video Upload Program Description from site:

You've made a great video. Now who will watch it?

Whether you produce hundreds of titles a year or just a few, you can give your videos the recognition and visibility they deserve by promoting them on Google - for free. Signing up for the Google Video Upload Program will connect your work with users who are most likely to want to view them.

Sign up and upload...
We're accepting digital video files of any length and size. Simply sign up for an account and upload your videos using our Video Uploader (please be sure you own the rights to the works you upload), and, pending our approval process and the launch of this new service, we'll include your video in Google Video, where users will be able to search, preview, purchase and play it. Find out more here.

Still in the Beta phase. You can upload but not browse or download...
Google Video Upload Program  ¶ 12:56 AM