Just added is an easy way to embed YouTube Videos. There's even an icon on the editor bar. Just wrap the tags [yt]DV17A2SXkU0[/yt] around the video code like I show, and you have a video in the post... or you can highlight the tag, and click the youtube button, and voilą... Video.

If people want other embedded video links... let me know, and I'll try to make that happen for you guys.