Yes, it's free web space with direct linking. So far as I know, no limits on file size or bandwidth, either.

Perhaps we leeches will kill it. It's still in alpha-testing. But they seem prepared to handle a JibJab.com-like load. And they've managed to keep the Wayback Machine going for years. (That site that tries to archive every page on the web, several times a year.)

They do warn that if bandwidth becomes a problem, they will delete files protected by traditional copyright. They prefer a Creative Commons license, that at least allows redistribution. (They point out that under traditional copyright, it's illegal to even look at stuff on the Web, since you are making a copy.)