James Lileks provided this link. Quoting him:
It aggregates TV feeds from across the country and the world, and there’s a moderator on webcam who tells you if anything interesting is happening in the world.
(Detroit Fox 2 is showing penguins from the zoo!)
Holy cow, there’s a huge fire in an unoccupied restaurant called “Old Salty’s” in Miami.
The site also has a comments box; registered users can comment on what everyone’s watching, because nothing builds community like like rank speculation expressed without punctuation or capitalization.
It also shows the lengths to which stations will go to fill airtime. Nonetheless, I think I'll add it to my link list. It may come in handy for breaking news.