Virtual viewing party?

I was thinking, How would a virtual viewing party work? we can just join a chat room, like curse of skype and we can all watch the game in the comfort of our home but with the benefits of getting to talk to people! I am going to create a CV server, we may switch to TS3 if we can get a hold of someone who has a server, because I do not. Curse Voice Room: http://cv.gg/e2LY