Site is working for 1 year even more.
They had many changes. Support is like coin toss. Some time they will reply some time not.
For now they are not counting only normal videos if you will convert them they won`t. For now earining system is not working for me.
DO they pay ? dunno but as I have read in one of their info they wanna be alternate one for Megaupload and Megavideo.