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When comparing Google+ Hangouts On Air vs Steam Broadcasting, the Slant community recommends Steam Broadcasting for most people. In the question“What are the best alternatives to Twitch.tv?” Steam Broadcasting is ranked 2nd while Google+ Hangouts On Air is ranked 3rd.
Ranked in these QuestionsQuestion Ranking
Common Questions
Pros
Pro Unlimited permanent storage
All streamed content is automatically archived to YouTube.
Pro Available on Windows 7 & 8 with OSX, Linux and Vista planned for future
Pro Takes a stance against harrasment
Steam Broadcasting forbids harassment, even as a joke.
Cons
Con Aggressive copyright enforcement
Google's enforcement is even more harsh than Twitch.tv's: streams are not just muted, but automatically terminated if copyrighted content is detected by automated scans.
Con Only Steam Beta clients can stream and watch broadcasts
Con No way to moderate chat
Con Live only
There's no archiving / VOD support yet.