Adobe Onlocation lets you monitor and record footage in realtime. We're setting it up in the office so that our interview lighting doesn't suck, and to (hopefully) speed up the flow of things. The only problem was that there was a bit of hoop-jumping to get a HD stream reliably into the computer. But we did it!
Also, huzzah for makershed. My new arduino has a little picture of italy on it.!