I've been reading the message boards around the web about QT 4 and I've found numerous people, quite frankly, outraged about the streaming quality of QT 4 while others think is the best thing since sliced bread. Well, after discussing this with my brother (a fellow mac user) and doing some tests, we came to the stark realization that it depends on what machine/connection you're using. Now before you say "no kidding" hear me out...
I've running an rev A iMac on a 28.8 modem while my brother has a 333Mhz G3 minitower on a t3, and guess who's performance is crappy while streaming? Not mine (the iMac if you're not following). The 333Mhz machine's streaming audio and video was complete trash. It sounded and looked terrible while the audio on the modem was great! The video was better on the modem as well (still better then Realvideo, that's for sure).
We couldn't come up with an answer for why their was a HUGE difference between the two machines other then QT 4 was beta. So when the next person decides to explode at Apple for making junk, just zip them a copy of this thread.
Cheers,
Will