Techcrunch has a post up today titled, “Put Any YouTube Video on Your iPod” that some readers may find interesting. Nice collection of links and utilities.
Not just for iPod users either — some of the stuff mentioned has a bit broader focus.
[Updates a day later]
Download Squad has some more options for getting YouTube to iPod.
TechCrunch got a Cease and Desist for yesterday’s post.
Possibly Related posts:
November 14th, 2006 
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Awesome, I can finally get my favorite video on my iPod! http://youtube.com/watch?v=Hm2BdCbZkKY
Peter, that video is just plain disturbing! ’scuse me while I go claw out my eyes… :-p
Oh, and check out another method.