Youtube issues via widget - iWeb 09

Yesterday i updated my website and I wanted to add a few new videos to my page and was surprised that the URL I copied from youtube will not work in iWeb. It kept saying the URL was invalid. I noticed a few months ago youtube changed the URL's for all videos and made them shorter I guess to be compatible with Twitter and I am wondering if that has anything to do with it. Anybody else having an issue adding videos to your iWeb pages via the Youtube widget? If you know of a workaround, please share. In the meantime I will check to see if there is an iWeb update available.

Thanks!