Does the 770 receive video streams?

I've been trying to use the MediaStreamer application to watch streamed TV shows on the 770 and haven't been able to get it to work.

Using Philips Media Manager or TVersity I can see the server and listen to MP3s that are being streamed, but TV shows in AVI format just sit there and don't do anything. I also used that Media Converter application I found here to convert them to 770 but that didn't seem to work either.

Am I missing something? Anyone else doing this?

Thanks for any help you can provide!

ColdSun1187