the boob-toob
I ran across this little gem the other day whilst I was googling my way through the day. It is by far one of the best free FLV player components I’ve seen, ever. It is really simple to setup and customize, PLUS it has 5 skin templates (my favorite is the dark one).
It not only plays local FLV files of your choosing, but also any YouTube video you want to embed. Sweet. Go check it out ยป