Always on top Floating Mini Player for YouTube™.

App review:
http://www.ilovefreesoftware.com/05/windows/internet/plugins/chrome-extension-watch-youtube-videos-floating-pop-window.html

Features:
- ad blocking
- jump back to Video in browser
- HTML5 (Flash only in live streams)
- HTTPS (forced)
- ""Watch Later"" list (needs extension, below)
- public playlists
- pin to top (always on top)
- frameless
- resizable (+/-)
- continue playing from current time position (needs extension, below)

Extension for richer features:
https://chrome.google.com/webstore/detail/egncdnniomonjgpjbapalkckojhkfddk

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Note:
YouTube is a trademark of Google Inc. Use of this trademark is subject to Google Permissions."