I use live365.com but the only problem is that your broadcast will only be listed on their directory. What I do is serve a couple streams locally and use Live365 to relay (not serve directly). You will see that in the Live365 website options.
By the way there are 8 bits in a byte.
2 Kilobytes/sec = 16 Kilobits/sec
Splunge Radio www.splungeradio.com