@peertube Hey! Very good news! Thanks for the effort 😄
In practical terms, this means that you can have an archive of your videos on a PeerTube instance (rather than taking up space on both your personal hard drive and a lower quality on the PeerTube instance).
I would be cautious on having your videos only online. Unless you have great control and confidence on the server administriation, it can be sudenly offline and loose everything. Or I misunderstood your explanation?