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Magnify.net has launched a new widget based on the new YouTube API today at the April NY Tech gathering named VidyUp. I’ve embedded the video demo below. The idea is to bring in sites who aren’t interested in the full Magnify suite but rather want an entry ramp to get videos from site visitors onto their site.
You install the widget, users can then upload videos into YouTube and they appear on your site. It’s pretty slick and I am guessing we will see more of these type of widgets coming from developers using the YouTube API in the near future.