RealPlayer 11 has got the amazing capability to identify the videos embedded in a page. It will show a button just above the video that will allow you to download the video.
When installing RealPlayer you are given an option to add a Download Video button to your browser. Just make sure that it is checked.

Now when you visit a page having an embedded video like Youtube or MetaCafe a button with Download Video will be shown to you just above the embedded video. You just need to click on that to download it.

Currently this works with Firefox and Internet Explorer. I havn’t tried it with opera.
You may like to know How to download videos in MP4 fromat from the Youtube. Or read about the Builtin Parental Control in Windows XP here.
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