WiiCR - Media Player (of sorts) for the Nintendo Wii Version 0.3.1.1

A new release of WiiCR has happenned today, heres the info and whats new:

WiiCR is a media player solution for the Nintendo Wii. It acts as a streaming media server and is capable of transcoding nearly any video file to a suitable flv for an embedded flash player. It allows browsing of the remote filesystem to view: videos (avi/xvid/divx/mpeg/wmv/etc), text files, jpg's and play mp3s.

Version 0.3.1.1
Shoutcast station browsing improved alot.

Download Here --> http://downloads.sourceforge.net/wmc/

I really want to do this with my Wii, but dont know how. Can anybody give me a little tutorial for this? please?