This would be a great function, but think about it, most users don't always write the same way the location for exemple for someting filmed at Breckenride you could easily find "Breck, Breckenridge, Freeway etc. " this is one little problem I see. It would work but not as efficient as it could be.
The perfect kind of system would be to have a facebook style input, where you would have a database of location possible and when you type for example Breck.. you would have a dropdown menu with the best proposition !!! With this videos could be linked to a page of the resort/park were you could find all the media that was from that location !!!!
This isn't that complex to do, it will just take a S*** load of time to create and make it work !!!!
When you think about it Newschoolers.com is kinda like Facebook only optimized for the freeskiing community !!!!