Google is planning on buying YouTube for an estimated $1.6 billion. Take that MySpace ($550 million) and Facebook (could be up to $1 billion)! I’m still waiting for pigs to fly but we’ll have to wait and see. The roundtable of the internet’s buy up by the big snot faced rich happens everyday so take this rumor with a grain of salt. When Google buys YouTube (if they do) it will be like going out with a girl with 3 illegitimite kids and a broken down car…. baggage baggage! YouTube has a ton of outstanding lawsuits for copyright infringement after users free willingly record their favorite television shows and upload them to YouTube for millions to share. YouTube kind of reminds me of Napster just with videos. I talked with someone at Google and because I wasn’t well known yet, they decline to comment. Sorry guys. I’ll work on being more controversial. WSJ