Thank you for your reply. I have already "monked" around a mix of mplayer and a perl CGI. MPlayer successfully captures the stream and allows me (via -s) to skip to a specific time. This way I could retrieve the "request" time and forward to the "needed" time frame. The problem is how to re-stream the feed to the browser. Another alternative is to calculate how much of a file I should "cut-off" the head of the original file (it is a fixed 32kbps stream) and then serve the newly created file. Same thing can be done, per your suggestion, via recorded chunks. One hour or thirty minutes each and then use the CGI to create an on-the-fly play list. I will post progress on this thread.
THX,
CptSkripto