@Butrflynet,
If it's working on other sites for you, it's likely that we can get it working here for you as well.
Thing is, we are on a break from a2k development because our other projects that we like a lot less do better at the whole paying the bills thing, and for various reasons that has become important for our company.
So we don't have much time, and will have to get around to it when we can. I don't have IE 8 handy and haven't read the thread, so one thing that could help is if someone can summarize the reports here, namely:
1) Is everyone on IE experiencing this or not?
2) Is everyone who is experiencing it using the same security software (e.g. McAfee)?
When I get a chance, I can try implementing youtube differently and see if it resolves it.