I love this setup. We do something very similar with Boinx. But if you were going to broadcast as a live stream what else would you have done? HDMI out to a second computer? Eager to hear your comments.
@Pusheject: I would say its depending on the CPU load of your BoinxTV system if you are able to put a streaming solution on the same computer or you have to grab the secondary HDMI output of the computer with a 3rd party hardware (either another machine, or a streaming box). If you are able to run the streaming encoding on the same computer your can use Syphon and/or CamTwist Desktop+ to grab BoinxTV video output and push it to the encoder app.