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Several sources report that YouTube is now testing to offer higher quality videos to some users with broadband capacities, and that they will be available to everyone in about three months.

Most viewers are interested in content itself than a higher quality. What they’ve seen through past successes, people get more fed up having to wait for buffering. It’s ‘good enough’ right now. - YouTube co-founder Steve Chen on YouTube video quality [NewTeeVee]

Many other video hosting services, like Blip.tv and Brightcove, have been supporting high quality videos for a long time. Vimeo, another video hosting site, started supporting high definition videos last month.

Even iHaochi supports high quality video hosting! (Haochi only, for now. :) )

Related: YouTube Supports Multi-Video Upload