A new site by Reuters and Yahoo, called YouWitness, is built for camera phone owners to submit newsworthy pictures (and videos) directly to Reuters. Currently the pictures are only shown on Yahoo/Reuters news, but the plan is for the pictures to be sold through Reuters, with revenues split between Reuters, Yahoo, and the photographer.
This seems to me to be the biggest acknowledgement that masses of people with camera phones can rival professional protographers for pictures of breaking news. A smaller site called SpyMedia is trying to do the same for private picture purchasing, but a start-up in the commercial arena is not as significant as Reuters in the news arena.
BUT NOTE: If people want to submit pictures & videos directly from their camera phones, they will want to be able to edit them a bit. The TyTN's picture editing, presumably also on other Windows Mobile devices, supports cropping, rotating, and auto-correction which I'm not clear on but likely corrects blurring and red-eye. It would be interesting to see more sophisticated picture and video editing support on devices.
The site is http://news.yahoo.com/you-witness
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