pinoychannel.tv offers videos from youtube, google video, veoh, dailymotion,... All streaming videos I have tried were simple HTTP .FLV streams that are very easy to record.

How to record/download/capture/save Macromedia/Adobe Flash .FLV video HTTP stream from embedded player
FLV players: Playing captured .FLV videos
FLV converters: Converting .FLV videos
Tutorial: How to record/capture/download/rip/save online video stream from Pinoy Channel TV with Replay Media Catcher