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The codec isn't the problem here, the problem is that most people simply don't have the bandwidth to support streaming services, http or otherwise. Thats why self perpetuating downloads like bittorrent are so popular and prevalent.
Bittorrent isn't chock full of viruses either if you know where to look (say... the group's official tracker, Tokyotosho, Baka updates, or animesuki's torrent index to name a few). Yes there are quite a number of torrents that contain garbage, but not only are those on more mainstream trackers, they can also be avoided with a little bit of common sense and research.
Yes streaming is convenient, however I can't see any way of streaming becoming a main distribution method anytime in the near or not so near future.
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