Quick update about a new feature which just went live tonight. There's now the option to edit your uploads directly from the video watch-page. You no longer have to go to your "my_videos" page to make edits to a particular upload. To learn more about the new option to edit inline from the video watch-page, you can take a look at this help center article:
Additionally, if you have feedback for the team about the new editing options, please provide your thoughts and suggestions by responding to this post. The engineers will be checking your comments and taking your input into consideration for the future development of the new editor option.
Thanks everyone, hope this info's useful :) Enjoy the new editor!