This paper presents a P2P VOD system based on RF-IPS algorithm, and this system consists of two parts, server-side and clients. We put emphasis on the piece selection module of server-side, and in this part we cite the RF-IPS algorithm proposed in the past. In the piece selection module, we also proposed a weighting function except the RF-IPS algorithm. Using this function we will find the best server peers effectively and quickly, it will enhance the performance of this system. We carry on experiments on RF-IPS algorithm, and the results show this algorithm is efficient. Overall, we believe that the RF-IPS algorithm is feasible to further improve system performance and provide a cost-effective P2P VOD service with acceptable user experience.