and it's not good.

http://www.digitalmusicnews.com/stories/041310last/view

Last.fm Cuts Back on Full-Length Clips, Videos...
Last.fm is no longer hosting full-length songs or videos on its site, and instead outsourcing the action. The outsourced list includes MOG, The Hype Machine, We7, YouTube, and eventually Vevo, a structure that undoubtedly lowers overhead for the CBS-owned company.

The move, wryly described by the Register as 'Less.fm,' does not affect paid subscribers or Last.fm Radio streams. "Consistent with how people have used Last.fm since the early days, engagement with features like user profiles and personalised radio stations has remained much higher than usage of on-demand playback," explained Last.fm's Matthew Ogle.

The move cuts costs, but affects the user experience by creating something less controlled and more choppy. The question is whether users will keep sampling and scrobbling despite this decision, or drift away because of the lack of direct, on-demand streaming. Either way, the shift underscores the difficult monetization that surrounds free, full-length streams, a structure that offers an alternative from piracy but so far, little economic upside for the providers and rights holders involved.

i don't think i've ever even streamed a song or played a video on last.fm.

i never stream music on there anymore, but yeah, this sucks.

i have streamed and played vids...

the gist, i think, is that last.fm's longevity is a tenuous prospect.

Yeah, I noticed this a few days ago. The streaming feature kinda sucked anyway (I'd always opt for a Youtube clip if given the option), but the site is still way less useful without it.

I thought they used lala to stream.

i used to share tracks i listened to via last.fm on facebook all the time. the scrobbler app made it pretty easy. now, that's toast. last.fm is WAY less useful to me now.

i thought the cool thing about last.fm was just letting it scrobble its balls while i played tracks off itunes...

eh I use last.fm primarily for my charts....