I have been using Video Tap since the beta and every week it gets just a little better. Chris has got a great product that really hits the mark for users who don't want to spend as much time converting their hard work from Video to blog posts.
I use it weekly, converting any video I create into a blog post, make some minor tweaks in the editor and put the markdown right into my blog.
10/10 recommended to all my friends anytime they ask for help repurposing content.