It's good that they've done some kind of deal. If it's anything I h8 over most other things and that's banning/censorship(of sorts).
I immediately wonder where uTube will get the cash (cos u know it's gonna be big cash) and then u think of all those ads that pop into the player when u think ur video's gonna play.
It's a price to pay, but atleast the footage is gonna be there.
HD(ish) aswell as sd I spose.