Please note that when Status plugin would add the core wordress tag: [embed]...[/embed] to the pasted video link of 3rd party (youtube, vimeo etc...) then non admin user such as authors could display their youtube video player in their published post and the youtube code not be stripped off leaving the post empty of the youtube video.
So I paste: http://youtu.be/rZ0f823S_ts - into the Status windows and when I preview or just by refresh or at the moment of posting the plugin Status adds the wordress tags : [embed]http://youtu.be/rZ0f823S_ts[/embed
And it works very nicely for non admin users the same. The youtube video display fully nicely in the post published by the non admin user. This currently works manually adding the tag in the Status window just around the youtube video link. So it is only a point of automatizing this tagging when pasting a youtube or other such party video links.