If you're heavily into posting photos in your journal, or have used ScrapBook a lot, you might be interested in looking at lj_pics_beta (Google translation here). Basically, LJ is going to start beta testing a new photo hosting service in August and is looking for about 1000 paid and permanent members to join the community and be part of the test. Right now they're far short of that goal and the English-language users are heavily under-represented in the community. If you're interested in giving it a go just apply for membership and wait for further posts. It's already early August so the test can't be too far away now.
Scrapbook 2 - Permanent Members