wpXtube & wordpress theme make for a viable tube site?
 

I see that "wpXtube" is a free wordpress plugin that, by default, shows the ads of the script developer but apparently it can be edited to show what feeds you like (can anyone confirm?). If this is the case, why is it free (what is the catch?) and is it on the up and up?

Is a Wordpress theme combined wpXtube viable for making a decent tube site?

You have to sign up for VIP Revenue and AV Revenue.

The banners and videos will have your affiliate link so you earn money if someone joins.

Also, you can add your own banners, popups into the site.

Why not get a proper theme? Nowadays, it does not cost a fortunate and it is very easy to manage.