Streaming h264 crashes VLC on Windows
Streaming anything while trying to use h264 crashes VLC. Source, destination and every other option is completely irrelevant.
Allthough this bug has been around for like 3 years or so (0.8.6i was the last version to not crash), there seems to be no ticket yet. Maybe a ticket helps :P I would provide debug information, but I wasn't able to build VLC with debug symbols/ffmpeg/x264 on Windows, and I tried really hard. Maybe it would help to offer a debug build from the site, given you are able to compile one.