Livestream Procaster: Stream live video to iPhones everywhere | 9 to 5 Mac

Livestream today announced the immediate availability of its free service for streaming live to the iPhone and iPod touch, Livestream Procaster, a great new solution which lets users can stream live from their webcam, video camera or even broadcast their PC or Mac desktop, directly to iPhone users over 3G or Wi-Fi connections, with less than five minutes of setup.

The streaming service uses the H.264 HTTP live streaming functionality included within the native QuickTime player that Apple has pre-installed on the iPhone.