I wrote a paper about Apple’s new HTTP Live Streaming specification/protocol. You can browse it on issuu.com or read the pdf.
Those of you who want a shorter introduction: the presentation is available on issuu.com, as a pdf or as a quicktime video with transitions. 
In the paper I describe what HTTP Live Streaming is, fairly technically, and why it is a great step forward. I compare the new technology with the industry incumbent RTP/RTSP protocol and Adobe’s proprietary Flash Media Streaming, popularized by YouTube.com.
As a teaser: here’s a graph of the client CPU Load on a MacBook when viewing the same video clip:
But I have to warn you, the paper is quite technical.
