It seems like Google is taking away some of the functionality in favor of simpler, streamlined use. However, sometimes simpler is actually more cumbersome and requires more clicks to get what you want.
Personally, I'm getting a little tired of the "simpler streamlined" apple look on things. Its boring and very, very white bland and sterile.
I agree there is a certain level in the supposed simplicity of things. By that I mean, one can simplify things to the point of inflexibility. Clearly Google has done this to youtube, making it it take more work to get to where one wants to go.
This doesn't have to be a bad thing, but google really should allow users to customize things. Computing is a very personal thing, and how I compute is different from how others compute.