It's a quicktime player so that may need to be up to date. But right now I'm getting pixellated pink & green here
This explains it...
Toledo Peregrine Project
Here’s some technical stuff from IT that even we bird-lovers can understand: UT’s IT Department explained that creating access for the Fal-Cam involves “punching holes” in the firewall that protects the overall system from cyber-attacks. Right now because of final exams, a system freeze is in place — that is, to ensure that students’ access to the Internet is unimpaired during exams, no changes to the firewall are made. However, IT has been doing the necessary research to identify exactly where the holes need to be punched to allow the Fal-Cam video stream to reach outside campus. Security issues have to be addressed as well so that the Dr. Evils of the world don’t enter the UT system through these holes. IT plans to begin testing its plan for full implementation next week — so hang tight!