After a few frustrating weeks spent playing with the Java Media Framework (JMF), I give up. It's not that the player doesn't work...it does. It's not that you can't stream files...you can. It's just too much trouble.
Tonight, I spent about 30 minutes installing Apple's Darwin Streaming Server (an open source implementation). It can be found here. The only drawback to Darwin is that it requires Perl. Since I'm running a Windows server, I chose the ActivePerl implementation found here. Over the next couple of days I'll provide a link to my streaming server so you can test it yourself.
Now for the reason I needed a streaming server in the first place. In my spare time I'm working on a little experiment involving Java, a microcontroller, servo motor, and a webcam. Assuming that everything works out like I think it will, you will be able to remotely control the webcam's direction via a web page. Why you ask? Because I can.