clipped from: tech.msn.com   
SplashCast
For anyone who has ever dreamed of becoming a broadcast mogul, here's a quick (and free) way to get a taste of what it might be like. SplashCast lets you create your own streaming media channel that combines video, music, photos, text, narration, and RSS feeds. A wizard walks you through the steps of building your channel. Start by uploading media files from your hard drive, or point to files on other sites. Add captions, commentary, and RSS feeds, and your channel is ready to go.

Eyespot

What's not so easy, though, is organizing, editing, and combining your video clips to create something aesthetically pleasing. Eyespot simplifies this process. Upload your videos to the site, and then use its tools to crop and mix them either with other clips you supply or with free video from the site. You can even add effects, transitions, and titles before publishing your video mix for the world to see.