No. Take all that out, and put [youtube] tages around the info.
like so: [youtube]<param name="movie" value="http://www.youtube.com/v/cvkBvzpbBPs&hl=en&fs=1&rel=0"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/cvkBvzpbBPs&hl=en&fs=1&rel=0" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344">[/youtube]
EDIT: DON'T BREAK MY BUTT! HE'S BREAKIN' MY BUTT! lmfao...