Kent Newsome has been doing the Web 2.0 Wars for a while now - he's reviewed 200 applications thus far - and he's finally crowned the winner - YouTube.

Which is ironicly fitting, considering the recent talks around YouTube's future - no real revenue (yeah, ads on the site are great, but most videos are viewed in the embedded players on people's blogs), and, with increasing traffic (up 300% this year, and reportedly 60% in the last week), rapidly rising costs. Basically, YouTube, while serving up 100,00,000 videos a day (that seems high, but that's what this week's TWiT said) is rapidly making themselves unacquirable?- traffic doesn't guarantee revenue, despite what the Web 2.0 hype says.

So, while YouTube's burn rate increases on a weekly basis, how long can they survive? Could they be the first in Bubble Burst 2.0?

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