Forget off the latest beta version of called Adobe Flash Player 10 with advanced 3D and GPU capabilities, you’ll like to build your own live streaming station site with latest Adobe Flash Media Encoder. Just visit:
Adobe Flash Media Encoder 2.5 software is designed to enable you to capture live audio and video while streaming it in real time to Flash Media Server software or Flash Video Streaming Service (FVSS). When high-quality streaming is your priority, Flash Media Encoder 2.5 can help you broadcast live events and around-the-clock broadcasting such as:
Educational or promotional events
As I know, most IT news sites deployed Flash media server products as its webcast solution, and the solution is really recommended and awarded. However, for individuals, stored Flash video like YouTube way might be more acceptable, so Flash Video Encoder is preferred.