is a new project that brings live, streaming television to your PC with incredible speed. With LiveStation, there is no buffering or jerky stops and starts; the streamed content is crisp and clear. LiveStation is built on two technologies, Pastry and Splitstream
, both of which were developed at Microsoft's Cambridge Research Lab.
Pastry is a type of peer-to-peer system and Splitstream sits on top of Pastry allowing the live video distribution. LiveStream then displays the video content via Microsoft's Silverlight technology. Then end result is streaming video of such high quality that you may think you're watching a DVD. Live TV streamed seamlessly to your computer? Sounds revolutionary! LiveStation is currently in controlled beta, but has a sign up form here
. (Found via Don Dodge's blog, Don Dodge on the Next Big Thing)