I often approach wordpress video embeds from the other angle, creating the embed code in the template, for example rather than have someone embed a video like this:
<iframe src="http://player.vimeo.com/video/69277800?title=0&byline=0&portrait=0&badge=0" width="577" height="325" frameborder="0" webkitAllowFullScreen mozallowfullscreen allowFullScreen></iframe>
I'd have them just insert the id, in this case 69277800. Then I'd put in my template
<?php if(!empty($video_id)):?>
<iframe src="http://player.vimeo.com/video/<?php echo $video_id;?>?title=0&byline=0&portrait=0&badge=0" width="577" height="325" frameborder="0" webkitAllowFullScreen mozallowfullscreen allowFullScreen></iframe>
<?php endif;?>