Insert VideoJS inside of body text (Sub-module)

I liked to insert the video somewhere into the text – not just above or below.
So i have modified a "found" script for my needs to use filters for input formats to insert the video to where i like it to be.
I would like to see this feature in the main module (D7?).

The attached module is for Drupal 6.x and works fine for me – read the README.txt for advice.

If you have troubles using this little module – please help yourself – i can't:
I’m smart enough to steal and modify code, but i’m not (yet) smart enough to maintain/ understand the code ... :-)

The idea and most of the code is stolen from „Insert View“ (http://drupal.org/project/insert_view/) by „mlsamuelson“ (http://drupal.org/user/47411). Thanks!!