While Google announced their video program and allowed uploading weeks ago, they left all the submissions pending, with no set plans for offering playback. John Battelle is reporting that tomorrow (Monday), Google is launching online video playback.
I just logged into my account at Google Video and got the following status on my videos:
So I'd say Battelle is likely right on this one. Can't wait to see what kind of service this turns into, and what unknown stars are lurking online waiting for an outlet like this. Perhaps this will give video blogging (vlogging) the popularity and push that podcasting has been enjoying for the past few months. Also cool is that Google will be promoting their own version of the excellent VLC open source video player.