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Production levels need to remain high. The director/producer/camera guy (me) in many cases remains the sole contact with the client, other than the sales guy from AT&T. As commoditization continues, the professionals, semi-pros and adults in the video production industry who know how to talk with other adults and business owners are gradually leaving as the pay drops. This leaves behind the kids, students, and 20-somethings who tend to be very transient amongst other things. This means continual high turnover and an increasing hassle for the aggregators as they continually have to retrain and vet new filmmakers and add more QA/QC in order to verify that the content coming in the door by an ongoing crop of new filmmakers is sufficiently good to satisfy the clients.
Meanwhile, the pros, semi-pros, and adults that are leaving are doing so having realized that there is a market here in local video.
The Achilles heel for local online video has always been one thing - SALES.
If you can do video AND you can sell video services, I think you can write your own ticket.