I have been trying getting this to work but I dunnu where the problem is exactly, I'm using Drupal 7.15, File Identity, Media and Media Internet Sources versions are all 7.x-1.2, Media: YouTube version is 7.x-1.0-beta3+4-dev .
When I try to embed a normal youtube video using the File as a field type or Media Asset and widget type is: Media file selector it works just fine and the video is being loaded and embedded correctly.
The thing that is strange is when I try to embed an online stream, whether using the new or old youtube embeds or using the video URL, it doesn't work, it gives me youtube's default image, which is actually the default image for the video - using http://img.youtube.com/vi/VIDEOID - and when trying to load it manually, it doesn't work. It just stays trying to load but nothing happens.
Did anyone got this issue before?!
Note: I have tested it with drupal 6, and the apropriate modules and it worked just fine for both normal and live stream videos.