Broadcasting and recording to my computer at the same time

[Scarface02]

hey guys, im new here im trying to find out a better way of doing this than i currently am. Right now i am using Ustream to broadcast and i also record them as well using ustream. through ustream im using there adobe flash media encoder to record it to my harddrive as well. The only problem with this is the adobe flash media encoder only records in .flv. Then i have to go back and convert the .flv video to a video format that i can burn to a dvd rom and play in a dvd player on a tv. That takes approximately 20 minutes to do. I know there are bigg churches and organizations that have to do this. Im wanting to broadcast through ustream while i record to my harddrive on my computer and do live editing if i can. Does anyone know what program i could do this with?

[guns1inger]

Live editing is out. Live mixing from multiple sources is possible, but best before the signal hits the PC

[Scarface02]

yeh i dont necessarily have to do live editing, i would just like to broadcast through ustream and use some kind of software to record to my harddrive on my computer.

[zovx]

i think this can do that
http://www.livestream.com/