I just live-streamed my first video with my G1, and wow, are my arms tired. Seriously though, despite the fuzzy audio and grainy image, it's a huge step for social interaction and broadcasting for the Android platform - especially since this new version of Qik adds speed sharing and on-device editing.
This is one instance where the Droid nerds can thumb their noses at iPhone loyalists, as live-streaming means Qik isn't available in the Apple App Store. Because, you know...people would constantly be leaving the scenes of accidents, bodyslamming themselves in school buses, and offering up extremely shaky bootlegs of concerts - all live. And who wants to see any of that, really? O.K., I do.
Check out the screengrabs I made below, followed by one that I pulled from Mobile Crunch so you could see what the whole thing looks like with proper contact icons. Check out those sharing options! Sweet! You can see Qik's own video on the new features here.