DMCA wins big in record label lawsuit against Vimeo | Ars Technica: "A federal appeals court ruled Thursday that ISP's such as video-sharing sites like Vimeo are protected by the Digital Millennium Copyright Act for pre-1972 musical recordings uploaded by their users.

Vimeo is a terrific site, have never seen any infringing materials there. Unlike YouTube, of course, which has the entire Discovery documentary catalog seemingly available on random user accounts :(
Still, I much prefer the world with YouTube than without.