The best replacement for megavideo is youtube.

The best alternatives to megavideo are rated as following:
★★★★★  youtube
★★★★  veoh
★★★  wisevid
★★★  megaupload

Your alternative for megavideo is not listed? Suggest!
Speaking about megavideo, one probably shouldn't forget about time limit.

Other search terms related to megavideo and their ratings are:
★★★★★ time limit
You have in mind a companion for megavideo and it is not yet here? Propose!



Google Trends

Scale is based on the average worldwide traffic of megavideo in all years. Click on graph for more.
megavideo
youtube
veoh