I mentioned the Real Player 11 a few weeks ago and it is finally available as a beta download.
This new version of Real Player is capable of downloading flash videos from many popular online video websites such as YouTube, Yahoo Video, etc. This release of Real Player makes it easy to share and search videos, also letting you burn the videos to a disc.
Real has hinted at future releases allowing you to convert online videos for use with portable devices such as iPods. Windows is the only version available write now but forign language and Mac versions will be available later this year.