The last time we checked in on AVOS Systems, the company launched by YouTube cofounders Chad Hurley and Steve Chen, morale was bottoming out, the venture couldn't find its way out of the red, and a former employee called it a "gigantic waste of money." Now, the company has launched Wan-Pai, which even TechCrunch admits is a Chinese "clone" of Vine, Twitter's six-second video sharing sensation.