Hey Jason, that’s so cool that you made a custom component! It should also work with a template in an iframe, make sure you check “allow HTML” for your template. I just got it to work via a template, so let me know if you are still having problems. I used the embed html provided by youtube:
<iframe width="560" height="315" src="https://www.youtube.com/embed/fh0NLQJfAYU" frameborder="0" allowfullscreen></iframe>