I apologise if somebody's already suggested this or perhaps if it's a silly thought in general, but how about video hosting here on newgrounds?
By no means am I saying 'let's be the next youtube', far from it. I just feel that with the options that are opening up for the bedroom animator, things like use of after effects and proper editing tools, the limitations of the .SWF is becoming more and more apparent. With video hosting, Newgrounds could be opening up to a whole wealth of truly inspirational animation work. Just look at Vimeo: example videos. Most of the work in that favourites list is by student animators, and none of it is short of master work.
I just think that, with all the benefits of using .swf (the clarity and filesize), it skimps out on things like: being perfectly playable on most machines (graphics heavy animations), containing high end visual effects and sounds, compositing effects and more.
Everyone knows that imported flash video compresses itself terribly into an .swf, and the fact that its got to be kept in and around 10mb makes it even worse.
So please consider adding some kind of video publishing tool to Newgrounds, one that can go through the portal system and provide a vast amount of fairly instant exposure for the up and coming animator. If theres a problem with server rental or something like that, maybe give an embedding option that can go through the portal and be added to the newgrounds collection, rather than just being an illustrative piece for your profile blog.