Combining Applications and Webroot Directories

[Guest]

In the default setup of FMS 4.5, the video files for Flash streaming and the video files for HLS streaming sit in two separate directories.  Is there any reason why I should not adjust my config settings so both functions point to the same directory?  Essentially, I would like to make the "applications" directory and the "webroot" directory the same directory.  I would then only need to publish one MP4 file on my server.  Flash streaming and iOS streaming would both be using the same file.

Thanks.

[Guest]

Any thoughts on this?  Has anyone else combined these publishing points?