You can download, view and record any type of video stream (including Real) VLC 0.8.x can handle. This works perfectly well using Mac OS X as well.
In most cases, you must go for the link inside the site's source code. An example is a news video stream which uses the WMP plug-in: view the page source, copy the MMS link, and paste it in the proper field in the VLC dialog window (see below). Then, assuming VLC is already running:
- From the File menu choose the Open Network menu option.
- In VLC, choose Open Network, and paste your MMS (RSTP with Real) link in the appropriate field.