By Alex—also known as Viper007Bond (http://www.viper007bond.com/)

Embedding videos has never been easier, thanks to Vipers Video Quicktags. This plugin removes the need to copy and paste "embed" code from the different video sharing sites into your posts' body. Instead, you click the icon for a specific video site, for example, YouTube. Then all you need to provide is the URL to the video. Viper's Video Quicktag goes to the URL and extracts the embed code automatically.