[RagingPenguin]

Yes, I tried it with an older CMPS as well and got the same result. The module was exported from CMPS 3.0.1 (vB 3.6 - vB 3.7) - Released 04-24-2008.

And yes! you can make it work with the second option. Go into the videomaxbit_video template and make the following change:

*DELETE TEXT IN RED - TWO INSTANCES*

<td align="center" valign="center">
	<div>
		<object type="application/x-shockwave-flash" width="$videomaxbit[width]" height="$videomaxbit[height]" data="http://www.youtube.com/v/$videomaxbit[pagetext]">
		<param name="movie" value="http://www.youtube.com/v/$videomaxbit[pagetext]" />
		<param name="play" value="$videomaxbit[play]" />
		<param name="wmode" value="$videomaxbit[wmode]" />
		<param name="quality" value="$videomaxbit[quality]" />
		<param name="loop" value="$videomaxbit[loop]" />
		</object>
	</div>
	<if condition="$videomaxbit[showlinks]">
		<div class="smallfont">$vbphrase[videomax_postedby]&nbsp;<a href="$vboptions[bburl]/member.php?u=$videomaxbit[userid]">$videomaxbit[username]</a></div>
		<div class="smallfont">$vbphrase[videomax_inthread]&nbsp;<a href="$vboptions[bburl]/showthread.php?t=$videomaxbit[threadid]#post$videomaxbit[postid]">$videomaxbit[title]</a></div>
	</if>
</td>

As long as your BB Code works you should be ok.

I'll put an option in v2 to specify full url use, or code only.