The official YouTube app for WP has been updated, it is no longer just a link to the mobile site. This is a Full fledged app where you can actually fast forward & rewind a video where you want, no more 30 second jumps. Full feature set  below.
Pin any video, playlist, channel, and even search queries to Live Tiles.
Live Tiles flip to show YouTube’s most popular videos or your subscriptions, latest uploads. YouTube for Windows Phone is also integrated with Kid’s Corner, so you can ensure your kids are watching age-appropriate videos. Key Features:
• Pin any video, playlist, channel, and search queries to Live Tiles
• Manage your YouTube profile with your unique My YouTube page
• Manage your playlists, uploads, and video lists
• Find channels, videos, and playlists with the quick access search bar
• Share videos to your social networks, e-mail, and text messages
• Let your kids watch safe videos in Kid’s Corner and keep their own profile
Windows Phone has been on a tear of late with constant app updates and New app releases.
I really like how Wp is starting to take form & pushing itself to be an OS to contend with.
You can download the app Here
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