Use the SharePoint 2010 Managed MetaData Service?

In Sharepoint 2007 content type globalization was not possible.Content Type Globalization means we create content type in one site collection and we can use this content type in other site collection just by following small steps.
For detail information look This Video

Rypple Lets You Reward Employees On Big Screen

Rypple Lets You Reward Employees On Big Screen