Comment Re:Adult content? (Score 2) 69
The second URL explains it quite clearly:
We've created an "Upload Videos to YouTube" option on the Google Video status page [...] Before doing this you should read YouTube's Terms of Use and Copyright Policies.
So if it is against YouTube's policies, then it's out.
If you are curious, TED.com has a brief but interesting video that explains how YouTube automates their search for copyright infringement, and how effective it is regardless of the quality of the submission. These automated systems can tag shaky video recorded onto mobile phones, for instance.