Divx Stage6 Shutdown

Coming as a shock at least to myself, Stag6- the popular video sharing site geared more towards professionals and those looking for high quality streaming media has been shut down. The post on the site currently says

"The continued operation of Stage6 was a very expensive enterprise that required an enormous amount of attention and resources that we at DivX are not in a position to continue to provide."

This really, really sucks to say the least. As a gamer, it had become a standard for players to post their frag movies on Stage6 as it was much much better quality then Youtube using the divx video codec. Hopefully another high quality video sharing site will prop up. Perhaps one that will let you post videos in resolutions higher then 200x200 lol.

Stage6 you will be missed : (

Update: Veoh seems to be attempting to pickup where Stage6 left off. Although the video is still at a small resolution the quality is much, much better then Youtube.