I almost meant same mate, if someone reports and he(admin) deletes that video it wont be any problem. He doesn't need to run away, he doesn't need to fight any legal suits.. And youtube have their own servers, that doesn't give them right to host anything..they aint in 'no man's island'..
may i know your hosting URL? because if your froghosts, well guess what? froghosts is down Nameserver trace for www.froghosts.com: * Looking for who is responsible for root zone and followed l.root-servers.net. * Looking for who is responsible for com and followed b.gtld-servers.net. * Looking for who is responsible for froghosts.com and followed ns2.theservergroup.net. Nameservers for www.froghosts.com: * ns1.theservergroup.net returned (SERVFAIL) * ns2.theservergroup.net returned (SERVFAIL) Oh and this is hosted on theservergroup.net too!