I don't watch him as much as I used to, but I can appreciate the work he puts into a show he's been doing twice a week, every week for more than 2 damn years.
Also, that's not his "job". RayWillianJohnson stated numerous times that he does it without being funded. What he does make money is the merchandise sold with the =3 logo on it, which he is allowed to do. If he made money selling other peoples vidoes, that is different.
Someone else bought up the fact that if he did what he does in another medium, he'd get sued. You mean like a TV show? Like Tosh.0, a TV show about a guy who makes fun of viral videos? I heard that guy gets sued all the time.