Questions in Between

Please can somebody explain, what this statement means.

Where do we get this snippet?
Can somebody please insert here some link please? Thank you.

Anyhow, we have now a template YouTubeMovieTemplate from this faq.

We only need to replace the YouTubeMovieUrl appropriately.

In our case we have to replace the value and the src parameter  settings.

The actual snippet of code, you get from YouTube.com, contains a property setting wmode="transparent".