Basically in one megaupload file have 3 link:

http://www.megaupload.com/?d=9QC81TUX (To download)
http://www.megavideo.com/?d=9QC81TUX (Streaming)
http://www.megavideo.com/?v=R4HQHP67 (Streaming)

Make a script or WP plugin that:

Grab megavideo link from my megaupload account, Auto post it in my videoblog, make auto thumbnail and have Alternative link and Download link custom button in my post.
Set folder name(in my megaupload account) as category in my blog,
Set file description(in my megaupload account) as Post title in my blog.

When visitor click the video post, the video streaming on new tab via megavideo.

Budget $30

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