I think the requirements to get into Youtube partner program are not so stringent. I just have my Youtube account in the same google account as my adsense and I was approved for the partner program inspite of having only 35 videos or so. Youtube has an excellent online video manager/editor and they even have some copyright free songs that we can use in the background. I guess their video processing algorithms are too good. They can turn an average video (on my harddisk) into a decent video (online) after uploading. The only issue here is bandwidth. I find it difficult to upload HD videos.
Often, what happens is that we run into unscrupulous Internet Marketers (IMs) who have less-than altruistic intentions of extracting money from you rather than helping you to make it. However, this isn't something new. People have been falling for networking marketing, pyramid schemes, and affiliate marketing scams since before the start of the net.