Step 2: Create plugins directory and create symlink to flashplayer plug-in.
Issue the following commands in the gnome-terminal (perform each one line by line):
sudo mkdir /opt/google/chrome/plugins/Step 3: Change the Google Chrome program launcher settings.
cd /opt/google/chrome/plugins/
sudo ln -s /usr/lib/flashplugin-installer/libflashplayer.so
Open the Main Menu editor. You can find it under System, Preferences, Main Menu. Select Internet under Menus and you will find Google Chrome under the items list. Select the Google Chrome entry and then click on properties.

Change the 'Command' field, add --enable-plugins just before %U
You should now be able to watch YouTube videos and visit other flash enabled websites.
There are a lot of configuration options you can give to Chrome. You can get the list here:http://www.chromeplugins.org/tips-tricks/chrome-command-line-switches/
