I hope so, the programm asks, where the VLC is installed on the PC, because it streams from this VLC to the mobile. So i dont see a problem because there is just VLC to VLC. (I hope so )
It will be one of the first things i will test. If it does not work, the programmer is very nice. He helped me to get it going on the N97. So i will ask him again, if there is a way to get it going