I have to agree with Daddy... you get what you pay for, and if you want free advice, sometimes you may have overpaid....
I have noticed many people trying to answer posts around here with thier "yes" or "no" answers without supporting thier position. And many times they are inaccurate. Almost all the answers around here should be "depends", there are many factors involved here, not just the name itself. That is only one portion of the equation.
To correct way to answer this is to ask how will it be used? Will the poster be incorporating "youtube" into the site? Does the poster have a site in mind which the name reflects the content involved? Does the poster what to profit from the domain by somehow relating the site to youtube? So without knowing these answers, no one can say "yes" or "no". But by judging how the quesiton was aksed, I have a feeling I know the answers to these questions.
Now... if you were asking, is tubeawards confusingly similar to youtube just based on the name alone, it could go either way. UASGE USAGE UASGE...
While I do beleive that 99% of all infringing domains registered by domainers are in bad faith, there is the 1% that actually wants to use it for good. It is a matter of sorting the 1% out.