Just caught this via TechCrunch: Naughty Dog founders Jason Rubin and Andy Gavin started a web 2.0 company called Flektor. It's sorta kinda like YouTube, only with a stronger focus on quality content, and it has all of the hallmarks of a web 2.0 thing. (I didn't look inside, I am waiting for them to add Safari support.)
This is the first time I heard of this - I didn't even know Andy Gavin had left Naughty Dog. These are two very smart guys who always had a good feel for what people want. It will be interesting to see how this develops.