As for my video project I am thankful for "fair use". This way I am allowed to take copyrighted videos and let my creativity take its on spin on the video. As long as I use the copyrighted video in a social and "transformative" way I can do what I want with the videos.
http://www.youtube.com/watch?v=RbBNqNaZVc8&feature=related
The Lion King Trailer Recut Horror is a perfect example of "fair use". Disney has a copyright for the Lion King but because someone decided to put the a spin on the video and take a children's movie and make it into a horror trailer!
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