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PPStream offers a high quality image (better than most other ones) and makes easy the usage, in fact, you only have to click on the desired channel and it will appear on screen directly.
The number of channels is really high (just take a look to the right side). Choose if you want to watch sports, movies, series, etc. and this year that Olympic Games will take place in China, this channel list will be very interesting.
It's a pity that the translation is not complete and the channel list is not understandable, because PPstream is one of the most complete P2P television programs.
From the official site you can download more channels, but there's only a problem, the website is in Chinese, Do you dare?