Yep that's right. The guys from 508 Disturbance were the first to figure it out and have earned themselves a super amazing 1 oz. steak, courtesy of Peter.
You CAN have videos on Amie Street. Right now. You dont need to wait for us to build an uploading system. Just upload your stuff to YouTube, Metacafe, or Google Video. Get the place this video on your page code (an embed tag) and just paste it into any field on your profile page.
Artists, here's a suggestion. Create a custom profile field called the title of your song. Then just paste the embed code into the other field.
At the end, you get something really slick.