Real Player 11 will put a "Download this video" button on web pages that have embedded video content - you can click the button to start the video download process. Firefox and IE are supported.
Multiple videos can also be downloaded simultaneously and you can even burn the video content onto a CD or a DVD disc using RealPlayer itself.
If you are happy with good-old Firefox extensions for downloading Youtube clips, RealPlayer 11 can even be used as a universal video player to watch videos in Flash, Windows Media, Real and Quicktime formats. [very similar to VLC Media Player]
I have some Real Player 11 invites courtesy Mike and will be happy to pass them to you. Available only for Windows though a Mac version is expected later this year.
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