I can see this easily backfiring and being used for crimes.
Someone here in San Francisco did something similar [http://ourblock.tv/] by setting up a camera pointing outside in window in the Tenderloin, one of our highest crime neighborhoods. It quickly gained a massive following and became a phenomenon with people chatting and catching and reporting crimes. He started receiving death threats from criminals whose activities were caught on camera. Taggers targeted it's view for advertising. Others vandalised his window and camera. He had to shut down the site, the camera, and move away. [http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/12/13/BA7Q14N5S6.DTL]
Someone here in San Francisco did something similar [http://ourblock.tv/] by setting up a camera pointing outside in window in the Tenderloin, one of our highest crime neighborhoods. It quickly gained a massive following and became a phenomenon with people chatting and catching and reporting crimes. He started receiving death threats from criminals whose activities were caught on camera. Taggers targeted it's view for advertising. Others vandalised his window and camera. He had to shut down the site, the camera, and move away. [http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/12/13/BA7Q14N5S6.DTL]