iCloud's Missing Feature

Apple touts the video capabilities of the iPhone 4 and 4s.  It promotes a ‘PC Free’ experience for iOS.  What’s missing from this picture? iCloud syncing of videos taken on an iPhone or iPad.  I realize that this is a lot of data (especially on the 4s), but it seems like a hole in the iCloud strategy.  My solution (for now) is to upload them to Dropbox (with the original quality setting turned on) and then import them into iPhoto from Dropbox.