Installing talk show on internet radio with shoutcast

My home broadband speed is just 4 Mbps which would not be enough to support upto 50-100 listeners at a time (format:128 kbps) thats why i bought VPS hosting and everyone will connect to my servers ip.

I just want simple instructions to host internet radio server via my VPS Hosting. My hosting has cPanel.
But one more thing important here is that i will not just stream music, but also have live talk at some intervals.

The songs which are streaming can be stored on server as well or data could also be requested from my pc in real time from my vps, but main requirement is the talk show.
(my 4mbps connection is more than enough to support talk show to stream to vps which will be further forwarded to my listeners)

it will be more suggested if vps streams just live talk show from my pc and plays rest of music stored on server but if required i don't mind keeping my pc on for 24 hours.

Till now i have only heard about shoutcast server but if someone has any better they can suggest other softwares too but steps are too required to fulfill my requirement.

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herit02Asked:
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☠ MASQ ☠Commented:
You might find this thread helpful at least in it describing other options than Shoutcast.
http://www.experts-exchange.com/Software/Misc/Q_26764124.html
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herit02Author Commented:
hey masqueraid, i guess your given reference almost solved my problem but could you also find for me whether that sam broadcast software will support live talk on mic thing?
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☠ MASQ ☠Commented:
Yes, voice is actually quite simple to stream.  Most of the paid for software is about mixing audio media (music tracks).
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herit02Author Commented:
It really helped me a lot.. :)
Thanks MASQUERAID!
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