There is a new update, version 2.2.14, for the YouTube for Android app. You can download it on the Market now. It comes with some pretty great new features, including the following:
  • Bug fixes and performance improvements:
  • Edit the title, description and privacy of your uploaded videos
  • New uploading UI integrated into the app
  • Create/Edit/Delete playlists on the go

These new features already make the easy-to-use app even more accessible. Budding videographers will be even more productive, (or unproductive depending upon how much fun you are having, and what you "should" be doing).

Source: AndroidPolice