Our friends at http://www.bustle.com/, http://vine.co/, and twitch.tv (http://www.twitch.tv/directory/) ... (lots more) have demonstrated this to be acceptable for there needs.

Traditionally those sites may have also consider I am sure they will continue to be happier as the byte size shrinks, but in the interim they are able to deliver what appears to be a great user experience, in-light of your concerns.