Im sure that a large % of people didnt knew that until they updated to ios6 or got the new iphone mate, old news for most people in these forum though 🙂
Definitely try Jasmine, it's free anyway. One good point about it is that it loads the standard quality over 3G, while the new YouTube app loads poor quality ones over 3G. Plus it's got a nice sleek interface, supports iPhone 5 & iPad.