Continuing from the Repeaters thread about the field-template context… This video demonstrates how you can adjust the admin context of individual fields according to the template they are placed in. When you adjust the context in this manner, it only changes the settings for when a field appears in that template. This expands the reusability potential of fields across different templates, hopefully preventing the need to create another field if all you really needed was a different title, description or width. You can do this same type of configuration when editing a field in a repeater too.
View this full screen which should put YouTube into HD mode, where it's much easier to see.