Is Vimeo the way to go for posting vids?

[Boludo]

I'm new to downloading and posting videos and I see that many of you are using Vimeo to host the videos.  I show that for $59.95 a year you can post 5gb per week.  Is this who you'd recommend or are there others as well?  I know there is youtube but the Vimeo videos I've seen seem very good.  How long do they keep them on there server...a month or year or until you stop paying or till you remove it?
Thanks!
Oh, also is it pretty user friendly.

[Easy Rider]

Vimeo is like a higher quality Youtube.
I have an account - and never paid anything for it.
I don't up load much though.

[Boludo]

Thanks Easy Rider for the reply.  I guess I didn't look into it well...I didn't know they had a basic free version.

[caRRera]

For me is also the reference for internet video in terms of quality, and I don't use the premium account, only free version