It's a nice thought in theory, but I'd advise against it for the reason
@DeViL303 already provided. To add my own reason: it would not be officially endorsed by PSX-Place or the PS3Xploit team, for the reason that any misinformation on the channel would reflect badly on the site/team - which are most likely the best sources of PS3 hacking information on the internet.
It's not worth it considering the site has comprehensive written tutorials that can be digested in one's own time, written by the actual developers of PS3Xploit. I don't mean to generalise, but YT tutorials are for lazy people who can't be bothered to read. Not only that, but the content creator has often been less than thorough in their research, which they then pass off as reliable information in the videos.
Too many people on YouTube uploading half-cocked 'tutorials' for the PS3, which they know many people will be more inclined to follow instead of a written guide - the reality being that these videos often miss out crucial information and are more geared towards growing that person's YouTube channel with views, likes and subscriptions, than providing reliable information that will help the viewer without the risk of a brick or other issues arising.
Just my opinion on the matter. TL;DR The extant written tutorials are far superior to any YT video out there, and should be used primarily. Nothing wrong with a video for a visual reference, but they are not to be trusted over guides and tutorials written by people who actually know what they're talking about.