For anyone interested, here's the latest mockup for the Media module, courtesy of Maarten Verbaarschot (mverbaar) of the D7UX team!

(original at http://www.flickr.com/photos/mverbaar/3632702590/in/set-72157619245872526/)
You can see more screenshots at the D7UX Microproject - Media Library for D7 issue.
And Jon Stacey (jmstacey) is doing a bang-up job of helping to realize this vision, via the Google Summer of Code! He's been hard at work with Andrew Morton (drewish), another co-mentor, to make this happen for Drupal 7. (And yes, we're also continuing to back-port this work into 6.)
Hi:
Quick question - can i embed a private YT video using the above method?
I would really appreciate some help here, thank you :)
Kind regards,
Michael.
very nice
We're considering using drupal for a new electrical business that we are starting here in New Zealand. This has helped cement my ideas about it. Thanks!
I'm having theming problems, could you explain how you themed yours? Mine is here - http://iommo.com/feature and it's really bare bones. Thanks for a great demonstration!
@Danny Concannon, you've never sat beside someone who knew nothing about the things you do, and watched them try to post something/anything on Drupal, have you?
I wish this was available for D6.