Prezi

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This tool does have a learning curve like you warned :-) It doesnt take long for those that are familiar with online tools however. I do like the features and simplicity that Prezi gives the user to put a youtube video into the project. I am going to try this with a schooltube video as well. I didnt come across a spot to embed anything in Prezi. I like that the user can simply paste the URL into the project.

This could definitely be used for students. This creates a presentation tool for students that can use multiple points. It could be used in place of a PowerPoint project for a president, etc. The tool could jog the persons memory as well as show videos and pictures in the order they define via the path feature. The teacher possibilities are also great.