I've come across a new website dedicated to sailing videos based in Australia called Sailcam.tv. Sailcam's stated goal is to be "…the pre-eminent Australian independent sailing video originator and website for sailing and general boating oriented video content."
I spent some quality time "researching" the site and there are many great videos available for internet sailors. There are several good clips of the recent Formula 18 Australian National Championships.
Visit this site and wish them luck in this new venture.