VideoEgg co-founder Kevin Sladek talks about how he spent 18 months building a publishing tool that transcodes video on a user's machine rather than on VideoEgg's servers. In this way, the upload time is faster. He said video uploads take about 2 minutes over a DSL line. Well, the video of his interview took me about 20 minutes on a DSL line. Nonetheless, the service does work. And, VideoEgg is one of the few companies providing private-label video-uploading services. For instance, VideoEgg is powering AOL's Uncut user-generated video service. Both companies will share ad revenue.