#MP4 :
vlc -I dummy -vvv --color --noaudio v4l:/dev/video0:norm=pal:size=320x240 --sout '#transcode{vcodec=mp4v,vb=1000,venc=ffmpeg{keyint=80,hurry-up,vt=800000}}:std{access=http,mux=ts,dst=:8080}' --ttl 12

#WMV
vlc -I dummy -v --color --noaudio v4l:/dev/video0:norm=pal:size=320x240 --sout '#transcode{vcodec=WMV1,vb=200,venc=ffmpeg{keyint=80,hurry-up,vt=800000}}:duplicate{dst=std{access=mmsh,mux=asfh,url=:8080}}' --ttl 12