Potential to be excellent. But not usable yet for 720p or 1080p.

Unfortunately for those who have 720p/1080p files this is not a option.
StreamToMe Server strictly uses only the CPU for transcoding to clients.
There is no Intel CPU that can handle live 1080p transcoding.
Hence, the video often stalls for long periods of time while the CPU struggles to transcode.
The audios is garbled for 1080p and stallsfor 720p.

This app desparately needs to be rewriiten to utilize the GPU (OpenCL/CUDA) on the server side and/or XGRID for those with multiple Macs.

Observer2010 about StreamToMe