So John says that you can't stream HD with decent quality. I beg to differ.Take a look at the 720P version of these artbeats clips shot with the RED camera:
http://www.apple.com/quicktime/guide/hd/artbeats_red.html Or you can compare the 480P and the 1080P.For the 720P version the bit rate is just less than 6 Mbps, well within the range for streaming.
This content is compressed with h.264, and much of it is VERY demanding. I noticed a bit of contouring in some of the sky scenes, but those were the only artifacts I could see at full 720P resolution on my 15" Macbook display.
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