Last.fm plans revolutionary video service

Corey writes: CNET is reporting the popular Web 2.0 music site Last.fm, is planning to launch a video-on-demand service that dynamically creates a custom video channel for users in the same way it currently does with music. Read/Write Web also cites a recent press release that quotes directors at Last.fm as saying they plan to host every music video ever created. This could well turn out to be the MTV of the Web 2.0 revolution.