UPDATE: You can't test the featuer from the video below because it doesn't embed in HTML on other websites, but visit youtube.com/html5 to try it!
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It's true. YouTube is testing a new feature that will instead of regularly embedding their video in flash as always, it embeds in HTML5. What does this mean for normal users? Right clicking the video gives you the option to get the URL plus save the video!

It's just in testing for now, and since it doesn't work with any videos involving captions, annotations, or ads, it probably won't ever completely take over the site unless they find some way to implement that into the video. But try it out below. Right click the video below.