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Despite being called lame by Facebook CEO Mark Zuckerberg, Chill is the latest in a growing list of popular services that merges communication and streaming media.

Chill lets you curate YouTube and Vimeo videos much the way Turntable.fm lets you curate music.

Although the site is currently down due to an overwhelming response, you can gain access to Chill using Facebook Connect. Once inside, you’ll be prompted to join or start a Lounge (much like Turntable.fm’s DJ rooms) where you can begin to build a unique queue of videos by searching YouTube, Vimeo or entering a URL to a streaming video somewhere on the web. Users take turns playing their videos to those inside the lounge, and those viewing can vote on whether to keep it a video playing or skip it.

Chill’s founders, Dan Gould and Brian Norgard, spun the new video sharing service out of the startup Namesake. The service has received an investment offer from TechCrunch Editor Michael Arrington.

“We’re a small startup obsessed about building something that people really love. Video should be more social, immersive and fun,” Norgard said in a comment on the Chill blog.

The founders said they will begin allowing people to sign up again soon, but at a much slower pace to avoid the site crashing. Until that happens, they’ve posted a user-created video introduction to Chill, which we’ve embedded below.

[Image and Video via MrDocRock]

[youtube http://www.youtube.com/watch?v=emFaGD8FaSo?rel=0]

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