This a live feed from Amsterdam in Holland. It is a genuine webcam (the best feed on the internet) situated on a building overlooking Koningsplein (looking across at Heiligeweg and Singel). The camera is facing North East.
Here is a map of the location:
View Larger Map
The feed includes stereo sound and you can hear and watch the trams pass in front of the camera.
For more information go to www.terena.org