A surprisingly good media server streaming application.

Pros:
Very simple, easy to use interface.
Surprisingly easy on resources (e.g. only takes 3% CPU while streaming a 720p clip of a feature length film)
Relatively easy to set up (I tried with GoodPlayer for iOS and AcePlayer and they both work very well.)
Smooth streaming even for HD (720p & 1080p clips); music streaming is flawless, as are photos up to 8MP

Cons:
None for my use (i.e. streaming from PC/Mac to iOS devices).

Other Thoughts:
Works even with OS X sharing turned off.
The best app to use this with is GoodPlayer for IOS (use "UPnP/DLNA Client" and itll auto discover the server with all its shared files & folders)

gorskiegangsta about MediaShare