Click on the links below to see what happens when you add &textp=fool to a YouTube URL:
With:
http://www.youtube.com/watch?v=Tim5nU3DwIE&textp=foolWithout:
http://www.youtube.com/watch?v=Tim5nU3DwIEUnfortunately, that doesn't appear to work with embedded videos, just on the main YouTube pages.
(I would have posted this much earlier, but I don't have LJ access at work anymore.)