Many of the companies and individuals that are being effected including major player such as TheRadBrad, GhostRobo and Machinima depend on these Youtube videos for their revenue when videos are pulled no revenue is coming to them. While the takedown occur automatically an appeal can take days even weeks to be settled. The videos may still visible to the user, but the revenue is now going to the copyright holders instead of the individual or companies that uploaded and created the videos. Some people think that this is related to the changes that are supposed to be coming in January in relationship to Affiliates and Managed users and the monetization review process, although that is yet to be confirmed.
Google’s response appears to be less than adequate, basically stating if you don’t like it appeal. This is going to take a while to sort out, it appears there are very few winners in this story. The people who are producing the videos are losing revenue, the game developers are losing free advertisement and viewers maybe losing the ability to see well-developed and useful gaming videos. In my opinion this appears to be another case of copyright enforcement gone amuck.