Battle for IPTV or rather WebTV continues with Veoh TV

Juz read on latest news that Veoh not only offer video sharing service online like YouTube.

Their latest Veoh TV, after Joost and Babelgum, will not only offer episode for ABC, Fox etc will also offer user generated shows from YouTube, Veoh etc.

I have applied to sign up as beta, can't wait to get my hands on it.
http://www.veoh.com/veohTV/veohTvIntro.html