I would wager, the new web site will launch in the beginning of January as it has been in BETA for several months now. I would also think the Video on demand will come later in perhaps a phase II launch.
I think the marketplace IS ready for VOD and GnF will obtain the necessary licensing agreements to proceed. The video on demand has also been in BETA for sometime now, and I don’t think they would have incurred the expense if they didn’t think they could obtain appropriate licensing.
It all adds up to a huge advantage within the marketplace IMHO.