silvermountain, VNC is just for controlling the another PC. For video/audio steaming straight to the device using an HTTP/MMS protocol, it's quite easy.

On your PC:

• Open VLC.
• Click Media and choose Streaming... or Open Capture Device... for TV Tuners, Webcams and the such.

For Streaming..., choose a file, a DVD disc or even the capture device and it'll take you to a screen showing options to choose from. For audio streaming, best to use the default profile of MP3 since it's the best for streaming. For video, the best seems to be wither WMV, but you can pick and choose like I did. I got some good and some bad results.

Anyway, hope that helps.

Jesse~