The Microsoft/ Skinkers P2P live television streaming LiveStation project demonstrated a multi-channel client at the IBC conference earlier in September.
Although not currently available for general testing, the demonstration proved that a product that streams one channel really well can actually scale over multiple content streams.
The Silverlight powered client competes with other P2P live television products including Zattoo. See our previous coverage here for an overview of the various operators in this space. As Skinkers CEO Matteo Berlucchi notes in the video below, LiveStation does not compete with Joost; this is a product that streams live TV and does not do video on demand.
The following video comes from James Clarke.