It's back!
Using a Logitech C905 HD Webcam running on Raspberry Pi2 under Raspbian Linux with avconv @ 200kbps to ConnectCastTV
http://connectcast.tv/eevblogStill need to play with a few things, and location (probably roof above where it is now).
Also tried a better C920 full HD 1920x1080 webcam, but the depth of field wasn't as big, so didn't look as good.
The buffering and "speed up" nature of the image is (we speculate) due to the shared bus on the RPi2 for the ethernet and USB port.
Anyway, better than the Dropcam IMO. But no public recording or playback feature.