Yahoo! sure has been busy, as the very same day as they announced their acquisition of Tumblr, Flickr got a major overhaul at a press event in New York City. The headlines; a brand new and much better looking UI and 1TB of storage. For free. For everyone. That's right, 1TB. Yahoo CEO Marissa Meyer writes:

"Photos tell the stories — stories we’re inspired to relive, share with our friends, or capture simply to express ourselves. Collecting these moments is a part of our everyday. Since 2005, Flickr has become synonymous with inspiring imagery. Today, we’re thrilled to take Flickr even further with a beautiful, completely re-imagined experience that puts photos front and center. When it comes to photography, technology and its limits shouldn’t hinder the experience. So we’re also giving our Flickr users one terabyte of space — for free. That’s enough for a lifetime of photos — more than 500,000 original, full-resolution, pixel-perfect, brilliant photos. Flickr users will never have to worry about running out of space."

Flickr is also adding support for 3 minute video clips shot at full 1080p resolution. And, because you've got all that space to fill, as with photos, you get to upload as many video clips as your storage will allow. And, as part of the new photostream experience, the new slideshow mode lets you kick back and enjoy your photos without touching the computer.

With all this free goodness, it would be easy to pass over the two paid options that Flickr now employs. Free accounts will see advertisements, but if you really don't like them and want them to go away, it'll cost you $49.99 a year. If 1TB of space just isn't quite enough for you, there is an option to double it to 2TB, and that'll run you for $499.99 a year. For an insane amount of photographs.

So, have you taken a look around the new-look Flickr yet? How do you like it?

Source: Yahoo!