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Strx Youtube Embed Widget lets you embed youtube videos on sidebars enabled sites simply pasting Youtube URLs.
See also: Official Blog Post.
Screenshots
Strx YouTube Embed User lets you specify a usernme/channel and a max number of latest videos to show on sidebar. When the user upload a new video on youtube, it automagically appears
Strx YouTube Embed Urls lets you specify a list of video URLs to show permanently, one for each line
Final Result