Mywaves has launched its commercial operation that offers 10,000 video on demand channels for free for cellular phones (see below), according to the company's press release.

Mywaves offers videos from major media companies as well as user-created content. If you scan the channels you'll see the overwhelming majority of the videos are not from major media companies.
The News category does offer a fair number of videos from traditional broadcasting companies such as ABC and NBC. Overall, though, you'll get a much more professional selection from the current crop of mobile TV services offered by cellular operators.
Like iTunes
The company says on its Web site that, "We designed this puppy very similarly to the way Apple created itunes." Perhaps, but iTunes (not "itunes") started with hundreds of thousands (or was it more than 1 million?) of professionally produced music tracks, followed by professionally produced television shows, audiobooks, movies, etc.
Yes, iTunes also has become a great source for podcasts that are not only from professional news organizations but also very professionally produced podcasts from non-traditional news organizations and individuals.
Mywaves can transmit SMS to users to alert them to new videos and users may configure their own selection of favorites that may be shared with others.
This is just the beginning for mywaves so it's unfair to judge the service by its initial offerings.
Sign-up process
I signed up. The process was simple and quick via Sprint and using the LG Fusic (1xEV-DO, Rev. 0) handset I'm using for six months as part of Sprint's "Ambassador" program, although mywaves enables you to also use Cingular, T-Mobile and Verizon.
To sign up I confirmed I was using a U.S. operator, selected Sprint, entered my cellular phone number and e-mail address and agreed to the "terms of use" and confirmed I was at least 13 years old.
In less than 30 seconds I got an SMS with a password that I entered on the mywaves Web site and was sent a URL for downloading the application. I downloaded it in less than a minute, to "My Content" and I could use it without any problem.
Videos I watched
I haven't gone through many of the selections, but I watched a few in the News section, including an investigative report about mining disasters from ABC and "Face the Nation" from CBS.
I didn't watch the entire broadcasts, but they worked okay. The video quality seemed to be sometimes worse than when watching Sprint's own video offerings, but the mywaves videos were watchable.
One thing I found interesting. When watching Sprint TV's live streaming offerings, such as ABC News Now and Fox News, after a few minutes you need to press a key (any key) to continue watching or the program ends.
With mywaves, I watched "Face the Nation" for more than 20 minutes and there wasn't any requirement to press a key to continue. I like that a lot. I understand cellular operators don't want to broadcast a program if you're not watching, but I prefer the ability to start the show and listen to the end.
Problems, advertisers
Several videos couldn't be downloaded because service problems, according to an error message.
I saw three advertisers: T-Mobile, Earthlink and the RIM BlackBerry Pearl. I don't know whether the advertisers are exclusive to mywaves or part of the original program.
The videos include four menu items: Watch, Subscribe (to the channel), Invite (send an SMS to your own e-mail to invite others to view the video) and Details (typically generic information about the video).
Worth exploring
You may select videos according to the most popular, latest, etc.
For some videos you might see the length is much longer than what you might assume. You assume correctly. Videos seem chained together so after the video you select, another one will play automatically.
Mywaves is an interesting service and is worth exploring.