I don't know the whole story, and haven't seen this video. But going by what is already posted here, I can't believe how stupid this guy was.. I mean exposing himself on a webcam to a complete stranger?
That is why I always say don't make digital recordings (videos or photos) of anything that can put you in a compromising situation like this. Even if it is meant for someone who you trust (i.e your GF or BF). Because even the slightest mistake is enough to get everything go out of control. Once it is digital and out, there is no stopping.
And for those who are asking for the video: Why do you want to see it? What is done is done, have some decency and stop trying to make it worse.