Originally Posted by Dirty Dane

If you have European IP, then you can watch everything live,recorded, make your own playlist etc. here:
http://www.eurovisionsports.tv/olympics/

The coalition also have HD streaming and live streams from most of the European national channels. Read more here:
http://www.ebu.ch/en/union/news/2009/tcm_6-67279.php

And it's free