I'm sure there is a market for this, but it's not me or my demographic. Technical hurdles aside, I tend to trend away from most "live" events. I like the idea of live breaking news. For most things, however I'd rather have them on demand. This is one of the reasons why my wife and I recently canceled cable for Hulu, Netflix and other on demand services.
I don't see myself structuring my day around "Wheezy Live On Youtube"