The latest version of Twitmatic (www.twitmatic.com), launched this week, lets you search, browse, rate, watch, and skip videos from throughout the Twitter universe – it’s simple.

When you enter a search term, Twitmatic runs it through the Twitter API, looks for links from more than 5,000 domains known to host video and imports them into the system. When other people search for the same term, the system accesses those videos faster than it did the first time, and presents the newer results.

At the same time, in the background, Twitmatic runs searches using an index of search terms, which also helps speed things up, according to ffwd co-founder and senior developer Greg Roberts. (Source: Wired)