It's hard to imagine anyone saw this coming, but the popular video sharing site Stage6 is closing it's doors permanently on this coming February 28 2008.

Stage6 allowed users to upload and share their own videos in high definition at any aspect ratio, as opposed to the typical Youtube 4x3 grainy crap-o-vision. It is this very reason why I (and many film makers) always preferred Stage6, and will consequently miss it while we look for another video service that places emphasis of quality over quantity.

Tom from Stage6 has posted a full explanation behind the decision on the official web site.