Before diving into the SDK Version, i simply tried to stream an x264 encdoed video to VLC. Streaming MP3 Works, but x264 takes a while then i get an error, that vlc cannot open the file.
1) Downloaded Live555 Server
2) Started EXE which states the url to use as: rtsp://172.18.1.85/<filename>
3) In VLC i am using: rtsp://172.18.1.85/fantastic.264
As the server output says "Each files type is inferred from it's name suffix" so i renamed the file from fantastic.mp4
to fantastic.264
As i've stated an mp3 stream works fine in the same directory where fantastic.264 is placed.