Just another status update on where I am at:

Quote Originally Posted by bplex
1. Stream Security - I'm still working on a way to protect the actual stream. As it stands right now, someone could put up a different player on another site and use your stream to play videos outside of your player. I'm working to prevent this.
As of right now, I have created a simple method to protect the stream. It's not 100% fool proof. Someone could probably still record the stream (or download the file using programs like Orbit). However, directly linking to the stream would be difficult to do. I'm still working to find a method of securing the stream from the RTMP side of things... well, at least a free method. This would provide greater security against hotlinking. It would probably not add any for those who wish to actually download the file.

Quote Originally Posted by bplex
2. Multi-server Support - Because the files have to be stored on the streaming server, multi-server setups would require streaming server software setup on your secondary servers (which isn't a problem to do). To do this, the streaming URL needs to be dynamic. This is very simple to do. I just have to do it.
Haven't touched this yet, but, as I stated before, this should be fairly simple to do.

As of right now, setting up all of this isn't going to be simple. Straightforward, but not simple. When I'm actually done with everything, I'll probably start a new topic and leave this one for the official hotlink protection that we have been hearing about for 2.7.