It’s probably the most handy feature to know and the most requested “how do I…?” at training sessions: Embedding videos and other resources from 3rd party sites is a very good skill to have.
Enjoy this 3 minute video from the Emerging Technology Centre in New Zealand (http://etc.elearning.ac.nz/).
Direct video link: http://www.youtube.com/watch?v=M1ud4tCeHPE