It must be noted that Cuban has been writing highly speculative, badly spelled rants about Youtube since well before they got acquired. Most of his claims, including the one that Google would get "sued to oblivion" if they bought Youtube, never panned out. He clearly has an agenda on this, and has been wrong all along; there's no reason to listen to him now.
For a laugh, see http://blogmaverick.com/2006/09/17/the-coming-dramatic-decli... and http://blogmaverick.com/2006/12/27/ripping-on-gootube-again2...