I'm a bit confused when term "Live Video" is used with these kinds of services. Just to make sure I understand, this isn't like Ustream.tv correct? What I mean is, viewers aren't watching the video as it is broadcasted. It looks like you use the API to configure the service to accept a live stream which is then encoded to individual resources which cannot be viewed until the stream is complete. Does that sound right?<p>Sorry if I'm off topic. I'm actually in the market for white-labeled service which will allow me to broadcast live video to a large audience in real-time and also 'record' that live stream as it happened to my blob storage. UStream so far is the only company I can find to offer anything similar to this.