Well, we can call it "like instagram and tumblr" but it's not. It is for video, and allows a pretty seamless way of creating the videos, and allows for very simple stop motion and cut-scene video recording. If instagram were to integrate that feature that'd be great, but for now Vine stands alone. I haven't used it much, but I have seen much of its potential while browsing the creations of others. I wouldn't dare try to discredit it by dropping instagram and tumblr's names, as they are completely separate services with different features.
