The fine folks who make the Azureus cross-platform Java-based bittorrent client are hard at work on a new project to deliver HD video to your computer. The project called Zudeo delivers video from independent producers (ala YouTube) directly to your machine through a specialized client downloaded and installed locally on your computer. No web interface for watching video here but, I guess that’s the trade-off you make for HD video quality.
Zudeo: “Download and install the Zudeo client and enjoy great content in high resolution.”
Zudeo is still beta but give it a try. Looks like some great stuff already.