Microsoft has come up with a video hosting website called SoapBox, it's the evil version of the popular YouTube. Right now it's in a internal beta stage mode but mark down the address - http://soapbox.msn.com.

If you know YouTube and its features, you'll see that SoapBox doesn't bring any new features in this kind of video service, at least for now. The maximum file is is 100MB which is a better than most video hosting websites, other features include tags for easier categorization, RSS feeds, and the choice to embed videos on a blog or site. The inclusion of the Live Space profile with Soapbox is a obvious good trick.

Via LiveSide