Certainly, it is interesting, but looking at the first EEVsmoke video, I can't say it stands out as being viable for it's own channel - at least not with the level of detail offered in this example. However, stepping it up is no simple exercise.
As you have indicated, Dave, having it being driven by photographic contributions does limit what you can do and this is going to hamper the interest and usefulness to a fairly low level, IMO. Fault analysis and root cause identification would make it better - but that is really impractical if not impossible. Even researching other examples of the failure of the component under examination is going to demand a lot of time and effort - and then you would have to present that in the video.
If anything, I might suggest you save up a number of EEVsmoke candidates and then, when you have enough for a production, do a standard blog video with 'EEVsmoke' in the title. You can then gauge reaction and interest as to whether there is value in taking it further - or dropping it altogether.
I think it's a bit early to make the call after just one video.