Just like Video Download Helper in Mozilla Firefox, "YouTube Downloader" is a powerful Google Chrome extension / plugin through which you can download videos from YouTube with a single click on the download button present in the video description. Previously we shared a simple bookmarklet though which you can download YouTube videos, however this time Mr. Azkaban developed a proper Google Chrome extension for it which adds a cool download button below subscribe button which is present in the video description.

Yup you can also use Download Accelerator like Internet Download Manager [IDM] to download YouTube videos from Google Chrome. All you have to do is to right-click on the download button and choose copy link address and then use that in your download accelerator. A better idea is to first integrate IDM in Google Chrome and then directly right-click on download button and choose "Download with IDM".
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Download YouTube Downloader Extension / Plugin For Google Chrome
Download YouTubeDownloader.CRX | Official Page
Update: The YouTube download extension above is not compatible with the new interface of YouTube, download the updated version from here.
Still not sure how to install Google Chrome CRX extensions? Click here for short tutorial.
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This extension does not work with the new design, I currently use http://www.youtube-mp3.org/addons/chrome which works perfectly.
Thanks for the update!