I checked out Embed Plus today and WOW this is really cool. This tool allows you to very quickly select a youtube video and edit the video. You can create "chapters" for the video so users may "skip" like in a DVD. You may also stop the video at certain time settings and add annotations. This is great! this is perfect to create an online video lesson from an existing youtube video. You can program in think time, and for advanced users allow "skiping" I will find a way to use this in the future.