This is great. Now I am able to use my Sony digital video camera as webcam for livestreaming to ustream.tv. Some days ago I could not work with it because ustream did not recognize it as webcam. But because I have installed webcam max I can use. Webcam max detects the camera as a Microsft DV camera and VCR. To make this possible I had to do change some settings because my camera is a high definition camera which has a HD output via i-Link.
These are the steps you have to do to let it work as DV camera and webcam:

- switch it to DV output
- set the i-link conversion from hdv to dv (conv-hdc->dv) in play/edit mode

Back in tape mode the camera will be recognized as webcam. Thanks for the tip Eugene.