I linked to this earlier in Twitter, but it looks like I can embed it right here for you to enjoy as well:
UPDATE: 10/31/2009—Concert is over but they’re replaying it over and over and the video auto-plays on load, so I placed it after the break. Also I recorded the audio of the show so I can listen to it on my iPhone. I used WireTap Studio to pipe the audio from Safari straight to an Apple Lossless QuickTime Movie, but that meant I couldn’t listen along on my computer as it was recording. However, I noticed a link to http://iphone.livestream.com, loaded that on my iPhone and was surprised to find that it worked GREAT. I tweeted it, surprised Scoble, and he retweeted it. This in turn meant that about a thousand other people retweeted it, interrupting the concert on my iPhone with Push notifications of Twitter mentions, so I had to go to Settings and turn off Notifications. That moment really made me wish that the iPhone had some sort of real multitasking built in.
I have to say though, that I’m really impressed with how far video streaming has come. Livestream was flawless embedded here and playing on my iPhone. I remember setting up Akami streaming for Fordham University back when I worked there and it was a bit of a headache for a relatively small audience. Also, I was surprised that the slightly buffered (the iPhone stream was behind the actual web stream by about 2 minutes) iPhone livestream actually auto-adjusted when I turned the phone from portrait to landscape. Super cool. Here’s some screenshots: