YouTube entered the live video streaming market with the launch of its YouTube Live service earlier this month. The high-profile video site is competing against similar live stream services, such as Ustream and Justin.tv. Unlike its competitors, YouTube Live uses only Flash technology to deliver its live stream. As a result, iOS owners are unable to watch these live feeds on their mobile devices.
Coming to the rescue is a web app, YTLive, which lets you copy the URL of a YouTube Live feed and paste it into their web-based player. The player converts the live stream to a format compatible with iOS and lets you watch a broadcast within Mobile Safari. As long as YTLive's servers can handle the load of streaming video to millions of iOS devices, then we may have a winner.