The advance of the streaming culture make this event interesting also from the point of view of the random viewer.
The most famous contestant and streamer currently must be Notch (the creator of Minecraft)
http://www.twitch.tv/notch
Participants are blogging at http://www.ludumdare.com/compo/ and there you can also find a list of other streams.
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On my part, I will continue working with Muhweli on our upcoming game. I love to participate in Game Jams but now we have to prioritize a bit.
Just did some test for our artist, he did the deep ground tiles this week (on the right), I opened paint.net and quickly did the edit on the left, which is closer to the direction I'm looking for, he'll clean it up next week. (He works currently 2 days a week for us).
Also this week, we added some water reflection/shadows/whatever... Now things look more connected to water.
I will reinstall and configure my stream because I lost settings and it's a bit tricky to get something correct with my splendid 1 Mbps upload speed.
Streaming helps to focus and work faster, the quality of the work though tend to be not so good.
Anyway, I'll update if I start my stream. I have promised to GF to go see The Hobbit in the movie theater in 3 hours.
I'm on Holiday now, going to France on Monday, doing some climbing in forest, spending xmas with my family. I will also work there on Andromeda!
EDIT: ok my stream is open: http://www.twitch.tv/0x64