YouTube-Insert-Me allow to embed Youtube videos easily. That's the lightest plugin you can find for WordPress.
If you play a YouTube video, look at the URL - it will probably look something like this...
The video ID is the list of letters and numbers after
v=, in this case
Requires: 2.0 or higher
Compatible up to: 3.0.5
Last Updated: 4 years ago
Active Installs: 200+
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