It's meant to "give viewers around the world a 'boots on the ground' perspective of Operation Iraqi Freedom from those who are fighting it. Video clips document action as it appeared to personnel on the ground and in the air as it was shot. We will only edit video clips for time, security reasons, and/or overly disturbing or offensive images."
Here's a look at a raid on an Al Qaeda stronghold.
Two comments. 1) It's about time. 2) Though it's useful to provide a boots-on-the-ground perspective, these videos, though they capture the random chaos of battle, seem to lack that certain flair that insurgent videos -- which are edited and given both voiceovers and soundtracks for extra emotional oomph. Content warning on that one. It's footage of the now-famouse Juba sniper. While the MNF-Iraq site says it will not feature "overly graphic, disturbing or offensive material," the other side has no such qualms.