Once you select Google Drive from the Insert video field, you will see all videos in your Drive, including videos you may have in your Google Photo account (for more information on the greatness of Google Photos, see Kerissa Bearce's Google Photos blog post).
Not only do you have the ability to add your videos, but you can also set the videos to play only the specific parts of the video you would like your audience to see. Once your video is inserted, right click and select "Video Options".
From this menu, you can select a start and end time. You can also decide if you want the video to begin playing automatically when the slide opens or whether you would like the audio to be muted when it plays. These features are available for YouTube and Google Drive videos.
The autoplay features make it easy to set a timer on any of your slides to help facilitate classroom discussions or allow students to see how long they have for the task on the slide. The below video shows how to do this with a few simple clicks!
How will you use the new video feature? We would love to have your share in the comments! Now go create inspiring video content for your students' viewing pleasure!