http://forums.xbox-scene.com/index.php?showtopic=564772
HOWTO: Divx Streaming & Transcoding on Xbox 360
=================================
TVersity is a UPNP compliant server which can stream video and music to a
variety of devices. Now it can also work with the Xbox 360 thanks to a beta
patch. In addition to streaming however it is also capable of transcoding
video on the fly.
What this means is that it can accept any video file and convert it on the
fly to WMV, and then stream it to the 360. I