People did say this might happen and here its is in black and white..

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 information week are suggesting

Google’s YouTube Purchase Gives It A Big Lead Over Microsoft

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In buying a market leader, Google immediately took a giant step ahead of Microsoft, which only launched a test version of its YouTube competitor Soapbox last month. While not without risks, Google’s buy-to-build strategy certainly removed the difficult job of gathering an online video audience. YouTube in August had 34 million unique visitors, according to Nielsen NetRatings.

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Read the full article here: http://www.informationweek.com/internet/showArticle.jhtml?articleID=193200428