Democracy Player is a media player that quite ‘revolutionizes’ the way media is distributed across the internet.

Unlike Apple’s iTunes or Real’s RealPlayer, Democracy offers video content — ‘Over 700 Channels, All Free’. Delivery of content is done through BitTorrent — which means that data arrives from several sources in a peer-to-peer manner. Bandwidth for a particular source is not hogged, while speed remains high.
Now YouTube — GooTube, some might say — just came to mind. I’m not sure how content is being checked here, but I hope this won’t become a medium for distributing illegal content like home-recorded episodes of TV shows and movies.
On the plus side, other than video bloggers, this may be a good medium for independent film creators to showcase their talent. Cost (distribution-wide) is minimal for them, though it would require viewers to have an internet connection to get their work.
Did I forget to mention that the player is open source? Source code is available on the Democracy website as well.
I’m downloading this at the moment. I listen to the radio through my internet connection and Rhythmbox. Now I can watch TV as well!