You need to modify the config.data of the application you are using to limit the fps on the flash video to 15. (Up to 24 has been reported as working)
You can find config.data (replace the italics with your application's package name) for the default browser in /data/data/com.android.browser/app_plugins/com.adobe.flashplayer/.macromedia/Flash_Player/
Change the contents of config.data to:
Basically what you need to do is chmod the flash plugin's config.data file for each application you use to watch the streams on.
So for the default browser (replace the italics with your application's package name):
-Browse to /data/data/com.android.browser/app_plugins/com.adobe.flashplayer/.macromedia/Flash_Player/
-chmod config.data to 000 (or remove all checkmarks in permissions of this file)
-Reboot the phone