Yes, you all are right. Netcast, Yahoo, whatever, it should work.
But for people like Taleed, Gale Force, which I enjoyed from 1995 to 2002, was the best in the world.
http://www.galeforcef1.com/. I have never ever seen such a cool way to show you what was happening in the race. Sometimes it was better than TV. I am sure that F1-Live copied the format (and expanded it later, to be able to charge for it).
For example, take a look at the graphs for race position
http://dbs.galeforcef1.com/event_wfall.asp?s=2001&e=17 or the report for fastest laps
http://dbs.galeforcef1.com/event_flaps.asp?s=2001&e=17 which I have been unable to find again on the Net, or on TV broadcasting, by the way. This was the first site that put together a comprehensive F-1 statistics site. The photo distribution was superb, and it was copied by Sutton later on.
For those of you that believe that FIA won't go after you if you transmit the video feed, take a look to "Gale Force vs The Empire",
http://dbs.galeforcef1.com/story-item.asp?s=2, an article in which the owner of this website explains how FIA forced him to close it. This guy was really ahead of his time and he contacted Max Mosley in 1995 to no avail. This is why some of us love the FIA so much.
Anyway,
I suggest that somebody "broadcast" the next race on a post, if this is OK with the moderators. It is easier and probably more entertaining (if you do not have access to live TV). We are waiting for the next Murray Walker and his prose.
I cannot do it easily: my TV is far from my PC. But I will do my best, Taleed, I promise, if you are going to be online during next race. It will be funny anyway: somebody in Oman reading a description made in Colombia about a race in Australia... You probably have better sources during the race, but I will enjoy it.