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Well, I was also privy to lots of tape for their upcoming Austin City Limits DVD (it's being edited at my ex girlfriend's record label). It was much better quality than the YouTube stuff ... but I am able to look past poor video and sound quality and found the same unappealing (to me) music and stage antics in both formats.
Most people don't have access to anything but YouTube. It's certainly not the best tool ... but I really don't know of anything better for the general public. Sure, you can assess the music better elsewhere ... but unless a group is good enough to have some professional video of their act, the crappy YouTube videos are pretty much the best available for previewing how a live show might be.
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