I think what would be infinitely more useful is some kind of jQuery plugin that would create a tooltip with the clip title in it for every youtube link. I put http://www.youtube.com/watch?v=PJYxCSXjhLI on a webpage and the tooltip displays "Rejected Cartoons by: Don Hertzfeldt" You could make it into a firefox extension or jetpack extension.
IMO it should, but right now I use a SQLite database as a permanent cache, so the video will never change. As soon as I get the urge to slack off some more, I'll just plug in Django's memcached support and set the expiration to a day or two.
Are you shocked that it works or shocked that I would be so stupid as to use SQLite? I expect extremely low load and that I'll have plenty of time to move to memcached and no database...