I've got same problem but not only with live screenshot. Both modes are distorted like the picture.My phone is a Galaxy Mini GT-S5570L with android 2.2.1 and I'm using Chrome for browser. BTW excellent app!
great app, i use it a lot. but also the screenshot fails, i se my screen with just a small delay, but i see it only in red, its like someone changed the rgb to 255,0,0
Another screenshot for ya of the streaming not working like your video. Otherwise, a terrific app that I've shared with lots of nursing school friends.
Rooted Motorola Bionic : Screenshot distorted (sort of like in the old days when you had horizontal and vertical knobs on your tv and they were not adjusted right!) Other than that, great app! (Yes, I know its experimental, just adding my comment about the app)