No. Lately, the thing will pause buffering when you pause the video, preventing pause buffering. When you try to "rewind" to an earlier point, a point that should be already buffered, the damn thing starts buffering again, reloading it from scratch.
.
I think it started about the time G+ took over.
.
I think it started about the time G+ took over.
1) Install extension: https://chrome.google.com/webstore/detail/smartvideo-for-youtube/lnkdbjbjpnpjeciipoaflmpcddinpjjp?hl=en
2) Go to its settings and check "Ensure that videos are buffered even if they are paused" for both videos on YouTube itself and embedded videos (like this: http://dl.dropboxusercontent.com/u/8521871/hosted/funsubstance/youtube.png )
Problem solved! Just leave it paused and it will buffer the whole thing every time.