I can't find the link now but I read a post that said I should not host it on my actual blog on upload it to youtube and embed it that way. They suggested some social bookmarking or social networking site that I could create my own page on, use the video on that page, and then embed the video in my wordpress blog too. I forget the name of that site... 1. Do you know the site he might have been suggesting? 2. Is this how you would do it too? Thanks in advance!
I would say it seems that your not looking to create a social networking profile, just driving traffic to the blog. There is a lot of video sites you can use to embed but one that seems to be reliable and doesnt drive to much attention to your profile is viddler.com (doesnt take over your video with a huge watermark). You could always search for a video upload site too and find out which one works for you.