We should be able to create a playlist directly from a YouTube playlist.
XML of a YouTube playlist is available from: http://gdata.youtube.com/feeds/api/playlists/**id**
To get the ID from the playlist URL, just remove the PL prefix.
E.g. In http://www.youtube.com/playlist?list=PL3FF5E666B22B29EF, the ID is 3FF5E666B22B29EF
Added Import playlist from youtube, #9