Did I mention how live Flash video would be big in 2008? Oh yes, I did. We've probably all come across the usual suspects by now and a lot of them are powered by FMS. And even if they're not (in the case of Justin.tv the guys rolled their own Python based RTMP server), it's still the same technology under the hood: RTMP servers which stream to a Flash UI.
Now apparently YouTube wants a slice of that cake and, as Sarah Meyers found out, they'll do it sometime this year. It remains to be seen if Google will put in an order for a couple of FMS license or if they will put their own spin on things, similar to what they did with their current HTTP pseudo streaming solution (check this post if you'd like to know more about that). But long story short, it's almost a given that the actual video will be Flash, regardless of how it gets to the server. At least I have my doubts that Google would use Silverlight :-) Of no, I don;t think Silverlight will support webcam originated video feeds... Bummer.
Well in that case, rock on Flash.

PS: BTW Sarah is live now was on Mogulus - she says 'awesome' a lot. An awesomly lot.

Update: is anyone watching Sarah right now? Does anyone else think that this is really sad? "Oh yeah, and yesterday I went on soandso dot com for the first time, yeah and it was like really awesome and stuff...". Dang, I think I'm getting old.