Overlay.tv lets you add to videos and earn a little cash too

Ottawa-based overlay.tv launched today with something that I think is pretty interesting and unique–letting users annotate and add to videos.
The idea is pretty simple (after you create an account) you find a video like on YouTube and put the URL into Overlay and then you, well, overlay stuff onto it.
Yeah I had a hard time grasping it too just reading it so here is there YouTube video (how they got the 70’s look I don’t think I want to know):

Okay you should have the idea now.  Once you create the overlay video, you then publish it and share it like …read more