Yahoo! and Google have been battling for months now, service by service. Some examples include:
– Blogger vs. Yahoo! 360
– Picasa vs. Flickr
– Google Video vs. Yahoo! Video
– Google Maps vs. Yahoo Maps

And just recently, Yahoo! (IMHO) surpassed Google with the ability to search the Creative Commons directly. Surprising.

And today, Google has announced that it will soon support video blogging, and will be archiving people’s video clips in the next few days.

Interesting developments, but I suppose if you can’t choose, you can always use Yagoohoogle!