Site: www.youtube.com
Feature: Video Hosting
Cost: Free with signup
Quality: Best

YouTube is probably the most popular video hosting and one of the most popular sites for people to visit.

The advantage of hosting your videos on YouTube instead of on your paid hosting account include additional advertising of your videos and content. If you place your video on YouTube then there is a possibility to add your sites URL within the video or on the sidebar description.

You also save on Bandwidth costs.
When you host your multimedia like videos or images on an outside site that means your content is enhanced on your site but you don’t have to pay for it.

It also means your website will be faster for your visitors since they won’t be competing with other users watching videos.

There are a number of Video Plugins for Wordpress, Drupal and other CMS Software that can help you embed videos in your content or place them on sidebars.

YouTube has also joined with Google to provide paid video placement on your site. The concept is still getting started but you can think of this option kinda like in-line commercials instead of static banners.

Embedding options are pretty decent with youtube.

Visit a video you would like to include and grab the embed code.
You can also choose to show related videos and color borders.

TinyMce a gui editor used in many CMS systems can cause problems when embedding Video Object Code.

If you have trouble you will probably need a plugin or you will need to switch to Code View to enter the embed tags.

www.youtube.com