STAY AWAY FROM YOUTUBE. Exploits have been taken further to now steal account details.
I HIGHLY recommend staying away from youtube for the time being. The exploit involves javascript which can be used to give your computer a shit time via browser exploits (this applies for all browsers). Watch youtube videos at your own risk.
Anyone can inject code to youtube videos
http://www.facepunch.com/showthread.php?p=23100690
And of course 4chan is involved as always
http://boards.4chan.org/v/res/65521163