Why? Not because it isn’t an awesome idea. ‘Cos, demonstrably, it’s an AWESOME idea. No, I’m unhappy because Yahoo! data for Australia is so crappy. The images – both satellite and map – run out at the 1 mile/1 km resolution (the map scale is representative of a single mile/kilometer). This is much worse than the resolution offered on Google Local (that’s my place right in the middle with the orange roof), where I can get 200ft resolution on a map or hybrid, with full street names, and 100ft resolution on a satellite-only image.
To my mind, geotagging is about high-granularity. The ability to tag something, potentially within a couple of meters. Unfortunately, I can’t do that with flickr geotagging. I really hope Yahoo! do everything they can to get much higher resolution data for their under-serviced areas. And that they do it soon.