The screen goes to full screen fine for me. It didn't work in IE, but works perfectly fine in Chrome. That sort of issue isn't a shocker to me at all.
And if you haven't figured it out by now, they're just showing us what shows on the big screen in the arena. The images aren't being produces for the web cast. They're just letting us watch the big screen, synced with the radio's audio. This is how it always has been for Colorado College. If you don't like it, don't buy it. I don't think they'll care.