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+1, is live streaming really that difficult to do with HTML5?

Yes.

The more you know :). I guess we're still not there yet. Need to remind myself to look this video up later once it's done. Thanks for the link!

Twitch and Youtube do it well so...

Twitch is still Flash, though the interface has been converted to HTML+JS.

Yeah, it's still flash video today, but Twitch announced today they plan to implement HTML5 streaming in Q1 2016

yes, oh heck yes. I gave up after trying Adobe Media Server and just stream to youtube with the tricaster and let them do the work.

If your looking for a "take my money" project, an easy streaming solution would be an amazing thing.