WP Video Lightbox is a new plugin that tweaks the prettyPhoto jQuery script to launch videos in an elegant popup overlay. It allows you to display images, flash, YouTube, Vimeo, iFrame etc, in a lightbox, as seen below.
Launching videos in a lightbox can help you to save real estate on the page. Instead of taking up the space necessary to make the video big enough to view, you can use a smaller placeholder image to launch the video in a larger viewing area. One of the great features about this plugin is that it also works on iPhone and iPad. Check out a live demo on the plugin’s homepage and download WP Video Lightbox from the WordPress plugin repository.