Before I began this post, I had to re-check the above claim.  I did that here
 Yet it was still a fantastically intelligent move for Google to snatch it up at that price.  Why?  Lemme go find some more data for you...
"Youtube.com is ranked #3 in the world according to the three-month Alexa  traffic rankings.  Roughly 22% of visitors to the site come from the  US.  It has a bounce rate of about 24% (i.e., 24% of visits consist of  only one pageview), and Youtube.com has been online since 2005.  The  site belongs to the “Video Sharing” category."
From Alexa
Man I wish I had 1.6 bill and a half decade to prove an idea right.
  (Don't forget site #1, also Google)
Edit:
Oh yeah, I was supposed to actually check out videos and Youtube and such.  Nah man, I'm on to Vimeo now, best in quality and load speeds, to my knowledge.
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