ScreenStudio 1.0 is coming soon with some great features. The main goal of this project is to provide an easy way to record and stream your Ubuntu desktop to any RTMP servers. Twitch does come to mind...
I've made a move to simplify the usage by providing pre-configured setups that almost anybody can use without any knowledge about command line stuff.
For more advanced users, the pre-configured setups will be available from the main website (http://screenstudio.crombz.com) when version 1.0 will be ready.
Eventually, I want to build a database of pre-configured setups that will be downloadable by all.
Have a look at the latest preview of ScreenStudio 1.0: