Thanks, I still need to work on the Gadgets page, but now I want to spend some time developing traffic. The designer is willing to create a similar theme, sans links at the bottom, for $150.
You post just like a regular text post, but under custom fields, you fill in data for 3 custom fields, thumb, which is url at youtube for video image, embed for the code provided at you tube, and description, where you write your own brief description of the video. At least, that's what I've figured out so far.