One can now post videos from youtube and other sites "inline" by just posting the link to the video. You no longer have to use the special [youtube] bbcode that was programmed into the site and required special handling to work correctly. Just post the link and the new "media embed" extension I installed on the forum will take care of the rest. E.g.
Well this isn't working quite as nicely as I was hoping it would, after setting it up I noticed that older posts that were done the previous way, e.g. with the [youtube] bbcode stopped working. So for now, the newly installed media embed extension is not working with youtube videos. In case anyone was wondering....