Just added youtube video embedding functionality. use the video button thats on top of the regular post editor to embed a video or use the video BBC Code, just paste the url between the tags. The mod can also handle a ton of other video sites also.
[video:ffk25ccz]http://www.youtube.com/watch?v=NMmHYWjEmkY[/video:ffk25ccz]
[video:ffk25ccz]http://www.youtube.com/watch?v=NMmHYWjEmkY[/video:ffk25ccz]