Streaming would be great with IIS Smooth Streaming
Steve Marx just posted a great overview about how to use Windows Azure Blobs and the Windows Azure CDN to deliver adaptive streaming video content in a format compatible with Silverlight's
Smooth Streaming player.
http://blog.smarx.com/posts/smooth-streaming-with-windows-azure-blobs-and-cdn
For those of you unfamiliar with Smooth Streaming, he also explains what it is and how it works and points to a great article, "Smooth Streaming Technical Overview" by Alex Zambelli for an even deeper dive.
http://learn.iis.net/page.aspx/626/smooth-streaming-technical-overview/
You can get all the details in Steve's blog post. If you want to dive right in and start hosting Smooth Streaming content in Windows Azure Blobs, check out the Adaptive Streaming for Windows Azure Blobs Uploader project on Code Gallery, a command-line tool and reusable library for hosting adaptive streaming videos in Windows Azure Blobs.
Jeff Titus
I was under the impression that smooth streaming was going to be supported towards the end of Dec 2009... is this still planned or is the inclusion of that feature pending the result of these votes?
azurecoding
I'd put all of my votes in this one if I could...IIS Smooth Streaming and/or Windows Media Services would be wonderful! Even if there was a separate sku for it.