There’s a lot of people that use Yahoo! and their services within, but most people never heard of Yahoo! Live.

Yahoo! Live is (and soon to be was) Yahoo!’s version of live broadcasting but it never really took off with the internet masses. As such it was forgotten quickly.

I tried it once and the service could be best described as lethargic. The interface was clunky, the lag time on video feeds was maddening and there was simply no way to get the number of viewers you could get on Ustream, Stickam, Mogulus, Justin.tv, blogTV or the like.

There are some things that Yahoo! does really well, but live broadcasting isn’t one of them so they’re waving the white flag on this one.