I've seen galnet's in action, and it looks good. As far as appearance goes, you can not tell the difference between the one he has and the one used on YouTube.

The one thing that was odd for me was I was on his site and the last 5 said 1 user online, which I assume was me, but the Watched Right Now was putting up 5 new videos every few seconds. I assume this was simulated to make it look like a lot of traffic, but if so, you should probably modify your Last 5 Users box so that it doesnt show how many are online right now.

Anyway, I think galnet's plug in looks awesome. I intend on purchasing it myself one day when I have someone other than myself going to the site (LMAO).