I am going to be starting a live video streaming project in the fall for 1 year in which I will be creating a large body of art work. I am going to be raising money for this project so I I am setting my budget for approximately $500.00 for each camera. There will be a minimum of 3 cameras, 2 in my studio and 1 in my main room. I, of course want this to be somewhat high definition but it is not a complete necessity since the main focus is more on the process of creating the work, rather then the details of the work.
Also I have a brain injury disability, so researching for me is very, very difficult and too much time spent doing research on a computer (on top of running my online art business) is next to impossible, so very direct answers are very greatly appreciated.
You are in luck. Consumer camcorders that are pretty good feature live streaming, with the Ustream service. Here are two to check out - The Panasonic V720 and V520. Here is a link to the Panasonic web page that has links to the specs for both camcorders to check out (you may be able to get better prices than the ones listed, but the max is $549):
The Panasonic models that Mark recommends are great camcorders, but if you buy them for this purpose, you will be buying a lot of capabilities (e.g., zoom lenses, video recording hardware and software) that you will not be using.