Works for me
1st, joomla dose not accept iframe tags. if u want to frame something use the wrapper mod. I would not use this method. it looks bad. 2nd, to embed your player use the code starting with ( <object width="560" height="340" ) ext. copy/paste it in to a custom_html mod and place it where u want it all should work if your joomla site was installed correctly. 3rd, the editor will not show the player, no worries hit toggle editor the code should still be there, just apply and save then enjoy.