Does this handle transcoding? I'd been monkeying around with various (lame) UPnP servers for home, and finally figured out just Apache will do the same thing (and not as sllllooooowwwwlllly). Simply having Apache allowing access to my "/media" directory seems to work pretty well.

I just gave it a whack with MPlayer and it .... sucked. The frame rate (for video, didn't try music) is a bit too much ... Will icecast do on the fly transcoding? Will Orb?