Now YouTube is to introduce another cool feature to their video player. Now it is possible to control the playback speed of a video (see screenshot below). You can fast-forward, or slow-down a video just with a click. This feature is very useful, for example, to skip the unnecessary portions of a lengthy YouTube video clip by increasing the playback speed (2x or 1.5x) or when you are transcribing what is being said in a video by slowing down the playback speed ( ½ or ¼). Note: This option still to be implemented, so currently, this feature may not be available on all YouTube videos.