They're using pigz on [1] so they are compressing?
I thought it wasn't a great idea. OK for an on-the-fly solution to the problem but bittorrent or multicast would seem better; the serial route between machines isn't very fault tolerant requiring a start-from-scratch on failure.
socat > nc BTW, and does multicast.
As for ssh, it's a shame the "no encryption" option was removed.