Streaming with VLC server

I've installed VLC Media Player/Server on my Ubuntu server in the hope that I can stream channels on my LAN for Roku 3 channel development. I've searched a variety of topics about VLC in the forums, but I'm having trouble finding a getting started guide that pertains to Roku.

- Can I use VLC to provide streams or VOD files that can be loaded and played using roVideoScreen? I am able to modify and side-load the code.

- How should I configure my stream on the VLC server for streaming?

- Can or should I use announcements to make these streams be visible to channels like the Roku Media Player?

http://www.videolan.org/streaming-features.html

Thanks