Right now, it all defaults to their html5 viewer which only supports 360p (unless the vid was encoded in 720p). I am trying extensions FLV for both Firefox and Chrome and they won't play 480p. It is as if that resolution has vanished.
edited to add: this may be a Firefox problem. I can see 480p on Chrome(but of course Google has disabled any video downloads on Chrome)
but they've disabled audio on any 480p downloads by separating out the streams.
edited to add: this may be a Firefox problem. I can see 480p on Chrome