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Cool little AIR application that allows you to download YouTube FLV videos by simply dragging or pasting in the video’s URL. After the video downloads the application will expand and show you a preview of the video. The file is saved to the desktop as video.flv

Follow the steps below once you get it installed:

1. Open the application. It will remain on top of all other applications.
2. Navigate to the YouTube website. Either drag a link into the input box or simply copy and paste one in. The link should look similar to http://youtube.com/watch?v=KNaJ9WS5nCc.
3. Click the download button. It will now make a request to YouTube to try and get the FLV URL.
4. If everything goes well you will see a progress bar showing the download progress.
5. After downloading is complete the file will be saved to the desktop and it will begin playing.

 from: theflashblog.com/