I\'ve used AForge library to make this little program, that shows live feed from a webcam into a PictureBox.
private FilterInfoCollection VideoCaptureDevices; pr
Solved it with MJPEGStream from the same AForge.net :)
MJPEGStream stream = new MJPEGStream("http://192.168.2.5:8080/videofeed"); stream.NewFrame += new NewFrameEventHandler(video_NewFrame); stream.Start();