You'll need to use the older style code from YouTube with added wmode transparent:
Code:
<object width="384" height="250" align="right"><param name="wmode" value="transparent"></param><param name="movie" value="http://www.youtube.com/v/XQ7eqGfLBl0?version=3&hl=en_US&rel=0;showinfo=0;controls=0;modestbranding=1;iv_load_policy=3"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed wmode="transparent" align="right" src="http://www.youtube.com/v/XQ7eqGfLBl0?version=3&hl=en_US&rel=0;showinfo=0;controls=0;modestbranding=1;iv_load_policy=3" type="application/x-shockwave-flash" width="384" height="250" allowscriptaccess="always" allowfullscreen="true"></embed></object>
I believe that's the equivalent for the iframe code on that page, replace it:
Code:
<iframe width="384" title="YouTube video player" src="http://www.youtube.com/embed/XQ7eqGfLBl0?HD=1;rel=0;showinfo=0;controls=0;modestbranding=1;iv_load_policy=3" height="250" align="right" hspace="5" vspace="5" border="1" allowscriptaccess="never" frameborder="0"></iframe>
with the first code block in this post.
Hopefully that will do it. It will as far as the menu goes, and it looks the same here as the iframe one. I just hope it fits into the layout, should I gave it the same alignment (align="right").
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