> First one that comes to mind is the built-in transfer similar 
> to the SIP canreinvite.
> 
> The current way SIP canreinvite works; Asterisk is kept in 
> the middle of the media stream until the two endpoints can 
> send the media stream to each other directly.
> 
> IAX can direct the media stream between the two endpoints 
> without actually getting in the middle of the media stream at all.

This, in my opinion, is a disadvantage of IAX2. IAX2 does not support the
proxy handling signalling only and not media, which means that the entire
call (signalling + media) must go through the proxy or none at all.

Somebody correct me if I am wrong...

Nabeel

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