I just created a feature to embed youtube videos. To embed a youtube video, just click the "youtube" button on the list of bbcodes between the subject and body of your post. Then find the youtube video you wish to use in a new tab/window and highlight/copy just the code for the video. That is the mumbo jumbo after the v= in the url but do not select anything past the code which may begin with a "&"
So for example if the URL to a video is:
http://www.youtube.com/watch?v=0QCmP0CebB8&feature=related
0QCmP0CebB8 is the part you should copy. Now come back to your forum post and paste the code between the youtube tags.
And results should be like this:
Could everyone who has posted youtube videos prior to this new feature please go back and update their posts to display the youtube videos inline? Thanks.