Okay - a quick update...
Now when I view my videos I have an option to "Monetize" them. I click the button and it comes to a screen with several boxes to tick, (if applicable), and some instructions. It looks like this:
Before changing your monetization options, please tell us about your video. Does your video contain the following content? (Select all that apply)
1. Graphics and pictures (including photographs and artwork)
2. Movie or TV visuals
3. Video game or software visuals
4. Performances (including concerts, events, and shows)
5. Music (including lyrics, cover songs and background music)
Please describe your content below. If you answered "Yes" to any of the above, please be sure to include details about your ownership of the necessary rights or explicit permission to commercially use all video material. You must possess all the necessary distribution rights in all content (including music) in the video. (1000 character limit)* (Required)
Important note: If your video is not approved for revenue sharing, it may be removed from YouTube.
The first video I'm going to monetize is the very popular:
How To Unblock A Sink which had 1,091 views and 2 comments.
Each video request for monetization is reviewed manually. It could take 48hrs. So, at the moment I get eh message:
Video submitted for review.
So now.... I wait...

p.s. this was the most viewed video, (now submitted for monetization):
Grays, Essex with a mere 4,211 views, 35 comments, 1 "like" 2 "dislikes"
Edited by send2paul, 02 September 2011 - 05:48 PM.