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You can find the new channel in the Science & Technology section of the Roku Channel Store. Access to the service is free for the first month, after which you will have to choose between a $3-per-month plan offering SD-quality streaming, or a $6-per-month plan with an HD-quality option.
Video Stream is a $0.99 download from the App Store, and it runs on the iPhone and iPad. The concept is simple: you can manually import videos from your Camera Roll (or shoot new ones directly into Video Stream) and the app will start uploading them to iCloud.