Adds an admin menu for interfacing with the Blip.tv API allowing uploads, deletes and edits of your Blip.tv hosted videos
No. This will only download the data for each video and store that data in a table in your wordpress database.
Uploading of your video files to your hosting server may not work for a couple reasons. A few things to check are: * Does your hosting provider allow file uploads? * Your hosting provider's max upload file size limit: (upload_max_filesize) in php.ini. * Your hosting provider's max post size limit: (post_max_size) in php.ini.