I found this the other day and had a little play with the software over the last few days and found some really great IPTV channels, and theres also a mac client so the 1 buttoned mouse brigade can too join in the revolution.
http://www.getdemocracy.com/
Features at a quick glance are as follows :
Subscribe to Channels
Democracy Player is a TV on your desktop-- it's the best application for watching internet TV channels (video RSS feeds). When you launch Democracy, you'll see the built-in Channel Guide which features hundreds of free channels that you can subscribe to with a single click. You can subscribe to podcasts, videoblogs, and Bittorrent RSS feeds.
Watch Fullscreen
Watch your videos in fullscreen mode. Lean back from your screen and relax-- videos will play one after another.
Search for Videos
If you're looking for a specific video or videos on a specific topic, the built-in Search tab will let you find videos from Yahoo! Video Search or Blogdigger. (Coming soon you'll be able to subscribe to a search and get new videos automatically.)
Get Smart About Disk Space
Videos take up a lot of disk space. You want to keep the best ones and clear out the rest. Democracy makes this easy. It works like a TiVo: after you watch a video, it will automatically 'expire' in 5 days, unless you click 'save'. You can set different channels to expire at different speeds-- clear out your daily news videos right away and keep videos from your favorite band forever.
Overall, I've been enjoying the cartoon channels WAY too much and cannot wait to watch some more sport, cartoons and comedy later night
THIS is what broadband was created for... Instant, on-demand TV letting you watch what you want to watch..
I must dash - French maid TV is due to start shortly