I think a lot of people though donít consider the full implications of the license that they choose and like Stewart I wonder if the revenue is worth potential lost goodwill in this case. Some people will inevitably be put off when they see that the community (and Flickr is as much a community as a company) that is hosting their photos for them is now selling them without sharing the profit or asking for permission. Reminding people to read the fine print of their photo license that they chose without really considering it thoughtfully might not be the best answer to that complaint. People on Flickr LOVE to complain about anything and everything.
I think Flickr does have to figure out how to pay for a free terabyte of storage for every user and maybe this is one way to do that.
I havenít been asked to participate in the online print marketplace, but if I was and was offered a 51% payout, Iíd probably say yes. Anything 50% or better feels pretty fair to me. I create the image, but Flickr is driving the traffic to it for sale and handling fulfillment, etc. If I were to have a physical gallery sell my works, Iíd probably be looking for a similar cut.
The idea of selling Creative Commons images and getting to keep all of the money is interesting to Yahoo Iím sure, but maybe Flickr would be better off instead focusing on more of a total revenue share model for the entire effort and treating CC images like they treat CCNC and all rights reserved images. I bet people who license their work CC would be pleased if their images too were handpicked for inclusion and they got paid for use. Even if it were a small amount, it would be a positive affirmation to them about their photography and that would feel good.