[NiteWave]

the simplest way is to use jwplayer, and test with following code:

<embed
      flashvars="file=yourvideo.mp4&provider=http&http.startparam=start"
      id="player2" name="player2"
      width="320" height="240"
      src="player.swf"
      allowfullscreen="true"
      allowscriptaccess="always"
      wmode="transparent"
/>

player.swf is jwplayer. above code is to test .mp4 for lsws 4.1.
to test .flv, just change yourvideo.mp4 to yourvideo.flv

the video stream as well random seek, will be working.