This application provides web based live video streaming. It contains an application to broadcast video with realtime configuration of resolution, framerate, bandwidth, audio rate and also allows discussing with video subscribers. The live broadcasting application also saves snapshots of current video as images for preview purposes and provides links and html code to publish channel and preview.
Webmaster can configure watch interface and enable as needed video, chat, viewers list.
http://www.videowhisper.com/?p=Live+Streaming