Justin.tv lets users stream video for free.  And it’s almost that simple.  I’ve been testing it out using my Macbook Pro’s built in iSight and microphone, and the results are great.

Here are a few features worth pointing out:

• Broadcasters have a “channel” where viewers can watch most recent broadcasts and highlights if there is no live feed at the time.  There is a standard chatroom-type interface for communicating with the channel owner and other viewers, again, even if there is no live feed.
• Broadcasters can schedule shows and have MySpace bulletins and Twitter tweets sent out when a broadcast begins.
• The quality of the broadcast can be tweaked for specific applications by adjusting bitrates on video and audio independently
• Starting a broadcast is really simple…it takes a matter of seconds to get up and running.
• You can embed a video player into any site, meaning a viewer does not have to visit Justin.tv to see a broadcast

I have not played around with the service enough to get a good feel for it, and have not yet tried it using a wired internet connection.  There are other services, too, like Ustream, and supposedly Youtube will have a live feed service soon.

You can visit our recording studio channel at http://justin.tv/wizkidsound.