I think I sparked some sort of debate over at Rail-Videos.net.
I uploaded a video over there that I haven't put on Youtube yet. I'm not really sure if I will or not. It ended up being the second most viewed video last week, even though it was only there for half the week. It's already gotten close to 1800 views in less than 7 days.
All the logic there seems somewhat sound, but I'm still sticking with my view.