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Just as an update:
The main difference between a live-streaming server and a progressive download, is that the live-server can be used for broadcasting live events - camshow rigs, events, that type of thing.
Progressive players are actually really easy to code. A quick and nasty with basic buffering will end up as a 2-5k .SWF - only a couple of lines.
Advanced buffering, fullscreen etc, not too much more work. As I said above - check out flvplayer.com - it has a reasonable roundup, and some free ones.
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