Download the Windows installer from the Red5 0.7 Final release page and run it. Install to the default directory. All done!
Red5 0.7 comes as a WAR to use with Sun Java 5 or 6. So download the one according to the Java JDK version you are running on your server. You can drop the war file into a Tomcat or Jetty container.
There's only a slightly Once Red5 is started, navigate to http://localhost:5080/installer/. Select the 'oflaDemo', and click 'Install'.
Once that's done, there's only a slight change you need to do to the configuration settings for Red5. Go to where you the Red5 server is installed (Windows: c:\Program Files\Red5, debian/ubuntu: /usr/lib/red5/, Mac OSX /Applications/red5, other unix: see inside the .war file) and edit this file <your-red5-folder>/webapps/oflaDemo/WEB-INF/web.xml. You will see that the last part of the XML file reads: