Finally, YouTube has announced on their blog that they have released an updated version of their upload tool in Beta.  Users in the past have complained about the file-size limitations in the Youtube upload tool and the lack of abilities to upload multiple videos at once.  The new video file uploader (seen below) has been available in private beta for a few months and is now available to users by logining into your YouTube account and clicking on this link to opt in.

The new streamlined video upload tool features:

• Ability for users to upload file-sizes up to 1GB per video file.
• Ability for users to uploaded multiple files at once through bulk uploading in the video upload interface.
• Ability for users to enter metadata during the upload process.

Source: Tubularinsights/Jonilar