Is it currently possible to ...Is it currently possible to create a playlist using media RSS which can play RTMP streams? And if so how?
The Media RSS specification has <media:embed> section which would allow the addition of information to embed the player with Flashvars. This could be where the streaming information comes from, as having other obvious benefits. Is this something Longtail are looking into?
I've since found that the player does support RTMP streams by using the namespace jwplayer. I still think it would be a good idea to support the media:embed tag as an alternative. Was there a reason that you didn't take this route?