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I have just started working with this script.  So far I would say that is worth the money (cost is $19.99).  The installation was easy and within a day I had a functioning video portal.

This is really an interesting script because you do not actually host any videos, they are all pulled from youtube or a similar provider.  This is great news when it comes to hosting and bandwidth use!

Agaresmedia has stopped after sales support so you be aware of that if you run in to problems there is a forum available to try to work through it with fellow webmasters.

phpautovideo offers a functioning video site with some SEO features right out of the box but has a limited number of themes available.  So your site will look identical to many other sites. Again with some graphics work you can dress it up a little.

If you have no coding knowledge and would like to get up and running I would highly recommend this script, the admin panel is great.  Coding knowledge would be an asset though if you would like to get some serious traffic.