The "share link" format will be supported too (it just missed this release though). Also, the video is not going to try and reload every-time you type new words in your post (YouTube will be happy about that).
https://youtu.be/jNQXAC9IVRw
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I tested with a time-coded link (see Colbert on Bitcoin video in bitcoin category) and it worked flawlessly too.
it does work :-)