ELEMENTS
The youtube-element works just like a HTML-element optimized for youtube-videos.
Drag the element onto your page.
A dialogue window appears.
Switch to the respective page on youtube.com where the video you want to embed is hosted.
Copy the embedding-code by pressing Ctrl+c.
Switch back to mashlab and insert the code in the dialogue window by pressing Ctrl+v.

Click on 'APPLY', the youtube-element now will appear on your page.