While watching the stream you can use freeware FlashGet to download the streaming video from Stream Torrent.

How to record Stream Torrent with freeware Flashget while watching it

1. Start the Stream Torrent video stream and let it buffer.
2. Right click on the Stream Torrent player when playing your streaming video and select "Properties".
3. Copy the URL (it should look like "http://127.0.0.1:15900/1.asf" without the quotes)
4. In FlashGet, click NEW, and use Paster the URL. Then click OK. The default download location is c:\downloads.
5. To stop recording in FlashGet, highlight the entry in the upper right box which is being downloaded and click the Pause.
6. Then locate the recorded file. By default it will be in C:\Downloads. Remove the .jc! file extension. Now play the video in your favorite video player.