I don’t get the Google / YouTube deal. In fact I don’t get the News Corp. / MySpace deal either. Pay a gazillion for something that hasn’t even been close to making a profit – because it’s got lots of viewers. Are we back to the bubble-time habit of paying for “eyeballs”? Size for the sake of size? That is what most commenters seem to focus on: how MS and Yahoo “need to move quickly” while there’s something left to buy out there.