Got a few problems

Windows Movie Maker2 is the most unstable pos ever released.. Lets hope when XP SP2 is released they fix it..
I have edited up some footage for us FF's to watch... Problem number 1 is that it is 35mb and 7 mins long..For sake of quality it is in WMV.
It is footage i have taken and captured myself so i'd be interested in discussion.. (Summernats 2004, Willowbank Dragway and some stills from the Brisbane Holden Vs Ford show)
How can i reduce the file size to post it.. and secondly can somone host it for me? I can't get my FtTP client to work and after the battle with one new program (Ulead Studio) already today i can't be bothered..
Any help please..
Thanks to Baxle who inpsired me to have a go :)