Convert YouTube Videos to Video-Editable AVIs

Firstly, download RealPlayer. It has a function to integrate with your browser to allow you to download Youtube videos.

Then, convert the FLV video file (which the Youtube video is saved as) to AVI format. Use this free program. It's not bad, open-source, just rather technical.

Remember, the setting should be WMV version 8, using 2-pass encoding.

Then import into Premiere Pro...