Please note: since the project is over now, the stream is also gone.
We had set up a video stream for Blinkenlights Stereoscope.
We tried to provide higher quality but streaming technology these days still seems to be in its infancy. It's all too complicated and not powerful enough to be setup easily.
We are using the ustream.tv service right now which apparently does not have too much bandwidth for Europe but it should be fine for North America at least. Leave a comment on how it works for you.