Y! Live was dreamed up as a way to make it possible for anyone to create their own live video experience and it is totally free-to-use. You can broadcast anything you want, like a concert youre at or your own DJ set.
Its just like a live television, where you're watching the same thing as others. Live performances are always different than the pre-recorded format thus there is an excitement of moving live.
Y! Live developers are eager to watch you've build with the help of their API and embedded components, as well as a sample application and a tutorial. They are always waiting for the feedback so that they could have a better release of version 1.0 of API in coming months.
So play around with it and let them know.
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