That's good news. I was going to suggest something similar. It will be great for people in future.
I think Pluggy did something similar, but it was a long time ago, and I don't know if the pictures are still available. I doubt it. He had a few webcams then as well. I'd welcome one in the town centre- I'm getting bored with the Trevi Fountain, Blackpool front, and Dover Beach. I think looking at a webcam from Pluggy's back yard would have easily taken me to the top of the league for useless activities.
When the web first started I followed a site called accy.com, or some such, and a lady there used to do requests from exiles from Accrington, who wanted to see where their ancestors lived.
Having just typed that - I realise that Streetview would do the job nowadays, but I'm sure your take, and local knowledge of the town would be more interesting.
Where would you host it though for posterity?