I thought it didnt, it doesnt work for me, and it (appears) to still have Flash Lite 2.0, not 3.0. So I was pretty sure it didnt, until I saw some comments on the main post on AAS listing youtube as "Yay Youtube works now" and someone put it on the changelog too...
So can you enable it or is it left out?
its still using flash lite so in a word ... no.
Well the next version of flash lite can...
If you get to youtube via a google search it seems to bring up a mobile optimised version with hardly any vids.
The built-in browser will do that if you just type www.youtube.com. It detects that it's a mobile browser and takes you to their mobile site (it is a pet hate of mine when sites do that and don't have a link to the normal site too).