Revenue Sharing coming soon to YouTube

I have never uploaded a clip to YouTube. I have committed to Revver to house my collections and I am more than happy with this arrangement.
This latest news that I have read on Nalt's blog is interesting though. I wonder how this will change the online video world?
I have used YouTube to find videos to use on my blogs on occasion and imagine this could improve the quality of the video's.
I wonder if they will be able to continue to allow people without the rights to continue that if they are revenue sharing?
In the BBC version of this news:

"The offer applies only to people who own the full copyright of the videos that they are uploading to the YouTube website."

Interesting....