They will pay you $25 for every published video tutorial that is published if it is at least 3 minutes long. For shorter video tutorials, they will pay $15.
Currently, they are looking for craft tutorials such as technique videos, how-to videos and craft project video.
If so, fill out the online contact form on their website with your 5 ideas for craft videos. FaveCrafts will review and select one or two video topics for you to create initially. Once the initial video(s) are submitted, accepted and published, you are welcome to submit additional video ideas for editorial review and scheduling.
Website to check out: www.favecrafts.com (click on the "Publish at FaveCrafts" tab, then scroll down to the bottom of that page for information on submitting video tutorials.)
Good Luck! (Edited 2/26/2012 to say that the 'Publish at FaveCrafts' tab has been removed. You may want to bookmark the site however, and check back periodically to see if they are once again accepting submissions.)