LiveVideo.com from MySpace founder Brad Greenspan’s company LiveUniverse is yet another live streaming service, but it combines the best of existing services with Yahoo Live style functionality for a package worth looking at.

LiveVideo.com offers the following features:

• show archiving, so users can record shows to be played back later
• embedding of live streams
• chat associated with the stream
• video conferencing Yahoo Live style, in that users can add other streaming users to their page and interact with them
• Comment board/ profile page similar to YouTube where users can leave comments
• Photo gallery, no quite Flickr, but allows users to share photos

LiveUniverse is pitching LiveVideo.com as “the first fully interactive, global, live streaming platform;” it’s not, but it is a feature rich offering that may well find favor.