In my recent project I have to do something like that:
To do the following job I use Flickr API & YouTube API which helps me most. It’s become very much easy, which was too much difficult for me.
For YouTube there are lots of API available, but I found following API very much effective. You can download the API from the following link:
http://waxjelly.wordpress.com/2007/03/08/youtube-api-class-redeaux/
You just have to do the following thing:
It used two activeX bases Javascript class to show the video in your own page without redirecting to the orginal page.
i am feeling two much happy to have such usefull API. 
Hi Masud vai,
Your blog is resourcefull….Thanks for the writings…
I like ur theme too and I have already changed my theme to Ocean Mist :D.
Guess what? Your blog is amazing! I can’t remember when was the last time i’ve overcome such a good blog that almost all articles/posts were interesting and wouldn’t regret spending my time reading it. I hope you will keep up the great work you are doing here and i can enjoy my everyday read at your blog.
Dear Masud,
I have designed a music player based on YouTube.com It is not only restrict to redirect YouTube website. It is loaded the vedio in our custom player, even it could download the .flv without YouTube logo.
http://www.kernelbd.com/web/apps/musicplayer
Hope, in the next time, we could share more in this sector.
Nice blog, thanks for your effort.
Mohymen
Great to hear that, you have designed and develop such player. Please continue such good work.
off course we will share in this sector.
anyway, thanks for your comment
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i m first time use api i see u’r snapshot its fine but did’t find to downlode line where from i downlode the api can u send me screen shot of it