It seems like Youtube has updated the flash based look of their video player!
The new one looks glossy, and using the red color on the time bar, actually I didn’t like very much, I think the old one was better. Another feature is that now you can browse video by it’s category, like Music, Entertainment, Sports, People and many more. And under the Video Tab, now they’ve added Most Linked videos, which is videos viewed under other websites using the embedded code. Video quality seems to look better now, new uploaded movies don’t loose as much quality as before, I think they are making this improvement for the future features projects, like to host all music videos on earth and things like this. Keep good things coming YouTube.