I have been searching for a free video streaming sites out there on the web. I have come across a few and narrowed it down to two:
1. Ustream and
I haven't tried them personally but today I watched one of my friends use Ustream to stream a wedding ceremony at the University of Warwick Chaplaincy and the quality was amazing with very little lag despite our not-as-fast-as-promised broadband connection.
Will definitely be trying them out later.