Issue 82 has finally been closed. We now have new YouTube APIs. What’s really cool is the new Player API, which includes:

• Ability to control playback and access current state of media, and receive notification of important events.
• API accessible from both JavaScript and Flash (ActionScript 2)
• New chromeless player to implement your own controls and skin!

Authentication, uploading and internationalized feeds are also a part of this release!

Update: Watch the video in the announcement post, and you’ll see that Geoff Stearns (OG SWFObject guy) was one of the guys who worked on this. Congrats Geoff!