Scott has been looking for a live screencasting tool for a while, and I think I've found something that might do the job. Have a look at
this, everyone. I might try it myself, but it looks to me like this is precisely what is needed.
EDIT: Damn, supposedly the free version has ads. A pity, but not surprising, considering this is probably the only tool of its kind.
Comments
The screencast is indeed recorded, similarly to ustream.
I recommend you try it to see if it will do the job for you.
On the whole, Procaster is great so far.