Live streaming server with multiple radio channels

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I want to create a solution where I will have around 1000 people providing real-time speeches to their followers. In each talk-room there will be atmost fifty listeners. Only followers to a particular person will be able to hear the concerned person speaking.

I have installed an icecast in my dedicated server.

Can icecast support 1000 sourcepoints ( all of them streaming real-time using a microphone in their pc)? What hardware configurations will I need to support this?

Do I have to install any other software to encode the media from these concurrent source points?

Are there any javascript web-players which deep-connect to icecast, so that the listeners can listen to the streaming in our website?

Lastly are there any javascript based broadcasting software. I am aware of BUTT and Winamp, but both are not embeddable softwares.

What broadcasting software, webplayer software and web-based management software would you recommend that you think will be needed for such a deployment?

And, lastly what is the best web-based tool to configure these sourcepoints, if there is any to do so?

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