They are putting all their clips (including snips from their movies) up in a decent resolution
Um, that's kind of misleading. There are 24 clips as of this posting. That's not to say there isn't more to come but the channel description clearly states:
What's more, we're taking our most viewed clips and uploading brand new HQ versions.
Their announcement video shows more video clips than they have up right now (man with a recorder up his nose from And Now for Something Completely Different, etc) so hopefully there's more to come. I'm a bit disappointed the general populace doesn't watch The Flying Circus more often
At least it's a step in the right direction!
"Right now I feel that I've got my feet on the ground as far as my head is concerned." -- Baseball pitcher Bo Belinsky