We all know that video is one of the hottest things happening on the Internet today but growth of the user-generated video business continues to exceed expectations. A report from In-Stat now predicts that by the year 2012 we will see over 160 billion videos available online creating over $1 billion in revenue. The majority of the growth in this area is expected to come from international markets (particularly China) and from the growing use of mobile phones to generate video content. This has re-ignited global fears that the demand for bandwidth will not grow as fast as the content that’s eating it up.