If you want to put streaming video on your server then you need a streaming server or host the video on a streaming content provider.
FloPlayer is just the player on your website. FloPlayer will play streamed video, but I suspect that what you plan to do is to deliver video over HTML and host the video on your web host.
You need to consider your audience. Their download speed limits are probably going to be your bottleneck. Since you aren't using a streaming server with adaptive bitrate, you have to either provide the file in the lowest common denominator, probably MP4 over a 3G smartphone, or provide a menu of download options.
I would suggest starting with the YouTube HD template to start.
Steve Mann
MannMade Digital Video
http://www.mmdv.com