could i get a temp pass to poke around for a second?
I just have my doubts as to how effective this can really be. even with a streaming server, it's still fairly easy to rip a stream.
actually watermarking the video would require encoding the video in real time, which is far too computationally expensive, unless you were doing something similar to that whole "smooth streaming" concept and chopping the vid into chunks and watermarkin only random small portions.
i think its a great idea though even if not a 100% fullproof solution.