YouTube - "MyTube, Anybody's Tube..."

I'm wondering if this is what they mean by everyone will have 15 minutes of fame? Some interesting things on this site. Not too sure if I'm sold on it or not. The 70's commercials were funny and neat and of course my husband did like the 60's music videos. We've bookmarked that one for him. He's actually coming into the 21st century (I have hope for him yet).