Moral...if you suck at making things great... hire the people that do that and you won't need to worry about webspam.
They had a lott of money fathom so buying youtube.com was an option.
Youtube was an incredible site, and has improved under Google. But you have to have very deep pockets to fund it. Not everyone has that kind of money. So we have a go ourselves. Try and follow the rules because there seems little other direction.