I see several problems with this:
• There is a set of people (primarily students using campus networks, but also some people behind various firewalls) who cannot torrent at all, but can receive a live stream.
• Some ISPs severely throttle torrents.
• Even if you can torrent, the two-way nature of torrenting means you send data back out as well as receiving it, which is a problem for those on heavily asymmetric connections and metered connections (they essentially get charged double). It also exposes everyone in the group to potential legal sanction, rather than just the streamer, because everyone becomes a participant in the distribution.
• You would have to torrent the whole set, whether you intend to stay for the entire session or not. That's wasted data, a significant concern for people who are on metered plans.
• It's not amenable to last-minute changes. For example, last week we abandoned the second playing of The Dark Knight Rises after about 45 minutes, and swapped in Amazon Women on the Moon. This could not have happened if it were anything but a live stream. I also like to sometimes offer up a voting list for the last movie, meaning I don't know myself what it will be until maybe 15 minutes before it goes on. If using the torrent and sync method, I would have to include every candidate movie in the torrent, which would bloat it tremendously and to little purpose. (Note: August 8, I re-ran They Live as pre-show, and tacked on Monty Python's The Meaning of Life at the end. Neither would have been possible without a true live stream.)
• It's not fire-and-forget. With a streaming site, you just tell people where to be, and when. Having to torrent something first requires forethought, and many people will decide it's not worth the effort – or it may be too late, especially if they don't find out until just before it starts, or partway through. Having to wait for the torrent to complete before jumping in would be a deal-breaker there.
Mind you, if you decide to use this method anyhow, you can still promote it here even though technically it is not a live stream. You're going to lose a certain portion of the viewer base due to the problems I have mentioned though. Whether this is more or less than the number I lose due to the bandwidth required to stay on a live stream, I could not tell you.
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