http://initiative.yo2.cn/archives/631066
Just few steps. First download est's version (no ads, no spyware) of PPLive. This version is the earliest version of PPLive(aka Synacast, aka SynaLive), a well-known free P2P Live Streaming service in China. CCTV give PPLive rights to broadcast Olympics. So it's totally legal. Too bad CCTV do not provide English commentators. :-(
Second, unpack, and run PE.exe. If you see Chinese characters jut right click the icon on your system tray, choose Languages - 1033 English
Next, copy paste these URL in your browser. If it doesn't work just restart your browser for syncast:// schema activation
CCTV-5 (Sports Channel & Olympics Channel) Hi-res
synacast: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
CCTV-1 Hi-res
synacast: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
CCTV-5 for Low-bandwidth
synacast: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
CCTV-1 for low-bandwidth
synacast: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
Finally, when buffer is 100% complete, ignore everything PPLive says, open the streaming in VLCPlayer or Windows Media Player with the address:
http://127.0.0.1:8888/1.asf
or
mms://127.0.0.1:8888/1.asf
or
http://127.0.0.1:8888/
or
mms://127.0.0.1:8888/
or
http://your_IP_address:8888/1.asf for your LAN friends, yes you can install PPLive on one machine and streaming for whole LAN. If you open multipule channels in PPLive, just change the :8888 port to :8889. e.g. http://127.0.0.1:8889/
