Streaming using a Video Capture Card
You need:
Operating System
1 Video Capture Card
Drivers for Video Capture card (go to http://www.driversguide.com to find software drivers for video capture cards, they have TONS)
DirectX 9.0
VLC (please get the nightly version, a lot of good folks work really hard on this software, and PLEASE donate to them if you can)
A network connection
Windows Media Player
A WHOLE LOT of patience

Step 1
-- Install Capture Card (I use all ATI Wonder Cards and have no problem)
-- Install or Update your DirectX (http://www.windowsupdate.com)
-- Install VLC
Step 2 FOR NAT(using DHCP for home networks)/DSL/CABLE Routers
-- Go to your router and click on Port Forwarding
-- Enter your VLC server's IP address and the desired port for forwarding.
-- Your router should accept the setting and tell you everything is ok
Step 3
-- Fire up VLC
-- Go to File > Open Captue Device > Video Device Name > Refresh.. (wait a moment) click on the default bar and then click on your capture device driver (the one that came with your card)
-- Now click Stream/Save > Settings
-- Click on Play Locally and MMSH. Insert YOUR LOCAL IP ADDRESS and DESIRED port (for folks using NAT thats 192.X.X.X that you forwarded on your router earlier)
-- Click on Video Codec and select your Video Codec format (I use WMV since I am using WMP), then select a good bit rate like 192 or 128, then select the size of the picture in your player (1 - 2)
-- Repeat the instructions above for audio
-- VERY IMPORTANT TTL .... Type 10 at a minimum... This tells VLC the number of routers your stream will probably go across..
-- Click Ok and Click Ok again to start your stream
Step 4
Open WMP and click on File > Open URL
Type http://<your ROUTERS IP>:9494
Your video will take a bit to buffer but then you should see your pictures
Done
IF ANYONE can help with instructions on optimizing their video please post on this thread
If you have any questions fire away?