In this paper we examine the impact of the adopted playout policy on the overall performance of a P2P streaming system. It is argued and showed that adopting (popular) playout policies that result in a divergence of the playout points drastically deteriorates the performance of P2P streaming and that policies that keep these points "near-intime" should be adopted. Categories and Subject Descriptors C.2.m [Computer-Communication Networks]: Miscellaneous General Terms Design, Performance Keywords Peer to Peer, Video Streaming, Playout Schemes