Thanks for the replies all. I know about the streaming websites, but this is more of a security/personal webcam, and I honestly just don't want to have to use my personal internet connection as the maximum upload my ISP has is 769kbps. My father often browses the webcam, and such but it's becoming annoying to keep up with since my ip is dynamic, and I never know when it will change unless I just look everyday. I know DyDNS is a idea, but I just want to utilize my dedicated server since I have it.
I think that Adobe encoder is something more like I am looking for.. If I understand correctly I run that on the PC, and then I can run Red5 to actually stream the flash video file/stream?