A month ago I purchased the URL pranktube.com with the intention of creating a video sharing site. The only problem I had was creating the site without a massive investment. I assumed it would take a lot of money to create a video sharing site, but I nevertheless started surfing the net to see what options are available. The first thing I came across was software being sold by clipshare for two hundred dollars. I have not purchased their software, but they claim that using their platform you can create a fully functioning site similar to Youtube. The second thing I came across on a blog was magnify.net. Magnify.net is a new social networking website that allows you to build your own Youtube like video channel in just minutes. It took me only a couple of minutes to get pranktube.com up and running on their system. It's a good alternative (it's free!) if your looking to create your own video channel for a group of friends or everybody on the net. I think their idea is pretty unique because it allows you to find channels you enjoy and then save them for future visits. This means that you don't have to go sifting through Youtube once you've found a channel you like. Additionally, you can link your adsense account with your channel and collect 50% of the revenue. Also a good deal considering there is no investment to set up the channel. Everybody who enjoys good comedy and pranks should check out pranktube.com which I recently published on magnify's new website; don't hesitate to join and become a part of my community as well. My site aside, I recommend everyone check out magnify as they have come up with a cool unique idea. Get out there and start creating your own channels!