MicrostockGroup

I think this is 100% accurate. Clipart has a cheap connotation. Old clipart catalogs and multi-disc clipart collections were loaded with thousands upon thousands of low-quality imagery. All simple stuff, often 1-color, and all the sort of stuff that would most likely be rejected by microstock agencies today.

The general terms buyers tend to use these days are "vectors" (as surprising as that is since it's a more technical term for these images), "illustrations" or just "stock graphics" or "stock images" (lumping all stock assets under the same general category of "design assets"). Graphic designers don't say they're looking for clipart when they talk about microstock images. If a designer says they're looking for clipart, they're most likely talking about the low-end stuff from the huge collections.

The odd thing about the name ClipartOf in the context of what clipart brings to mind is that Jamie appears to not want her company to be know for anything that clipart is associated with. Namely being a vast catalog of simple images and being low-end. It sounds more like she wants only the best stuff from any new artists, and very clearly doesn't want a large collection.  

FYI, I was a buyer long before I was a contributor and used to browse those clipart catalogs for graphic design projects. The term "clipart" was used mostly for the large, cheap collections, and was often used with complete disregard for licensing restrictions, if any such restrictions even existed. The guys doing the more complex stuff back then that is common in microstock today weren't calling their work "clipart". Even in the 1990s "clipart" had a certain negative connotation and many people were avoiding labeling their work as such.

Ive also seen the term 'Clip Arts' used.

Bing & Yahoo process all the variations of that term without displaying "Did you mean: Clip Art" in the results.

Google prefers 'Clip Art' and so do I

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I'm with helix7 when it comes to marketing illustrated graphics. If I had to choose between the terms; Clip Art, Illustrations, and Vectors, ... Vectors would be the primary term I market.

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Another stock vector site  available to illustrators is Draw Shop, http://www.DrawShop.com/. This site was developed by stock illustrator, Poul Carlsen. More information about why he started this site at the about page, http://www.DrawShop.com/aboutus.php

Currently they are paying out 50% commision on stock illustration sales and 85% commision for any custom orders you do. Sign-up and details available at the registration page, http://www.DrawShop.com/registration.php

I think that the value of Clipart as a search term has more than proved itself. I think that CAO relies quite heavily on SEO for traffic as opposed to ads in mags etc. (Jamie, chime in if this is incorrect) and they seem to be doing very well for their contributors in terms of downloads, no?

I'm a newbie here trying to learn the ropes. This site is really helpful.

Is there a demand for the more traditional hand-drawn clip art? I still mean vector, but with cartoony hand-drawn lines.