Okay, there is one thing I do want to talk to you guys about. It's about how well the video will play. Yes, there can be technical complications and it's important that I discuss them.
From the experience I've had with seeing things LIVE on the net, I can tell you that lag issues can happen. Whether or not they happen depends on several factors. They are as follows.
The source's connection speed. (I usually get 13mbps to 20mbps.)
The video player at hand being used. (ie UStream, LiveStream, JustinTV, etc. are only a few of the many LIVE players available, and a good chunk of them are absolutely free of charge to use.)
The viewer's connection speed. (700kbps is the minimum needed to view it.)
The number of people viewing the event at the same time. (I'm expecting a lot of people.)
Let me give you an idea of what can happen with these things.
Micheal Jackson's funeral was done LIVE. It got SO many viewers online, it continuously lagged from practically beginning to end on ALL speeds available.
Obviously, I'm not expecting THAT many viewers, but it does give you an idea of what can happen, right?
However, if you have a High Speed connection, (3mbps or higher recommended) lag should be kept to a minimum. Obviously, the higher you have, the better. Sadly, this is one of the many prices you pay for a low-speed connection.
So yeah, those of you that STILL have dial-up, you're out of luck with this one. Sorry!