This post:
http://gamers-underground.com/media-...-released.html
Did not have auto-convert-videos ticked. I ticked it - still no go.
I then removed the link (and it's associated [video] encoding) and reposted it and saved it with the auto-convert-video ticked. It redid the code part:
Code:
[video=youtube;NvlbAItBdK4]http://www.youtube.com/watch?v=NvlbAItBdK4[/video]
But as you can see still displays it as a link rather than an embed.