Here’s how they’re promoting it’s features:
Fully customizable video player, easy-to-use, and 100% free
Brand your videos with your own custom logo “watermark”
“Split-screen” ads engage users without interrupting viewing experience
Sharing features promote your site when your videos get “viral”
Earn money from your videos, even when they’re embedded into other peoples’ Web sites
There’s no word yet on what they’ll be paying for the ads but it looks like a service well worth testing if you’re using video on your blog.