http://www.synchronicitylive.com/

Just thought I'd show some of you guys this new site. Been live for a couple weeks now but wouldn't it be cool to get someone popular on there. I'd watch them everyday.

What it is: Synchronicity Live will be the world's first online music community where you can watch live-as-it-happens, real-time streaming concerts for free. Plus, you can set up your homepage, chat live with other fans while you watch a show, talk on our forums, view previously recorded concerts and more.

They must spend hundreds of thousands of dollars on their servers alone.