The Axis 206M is a legacy IP network camera designed for indoor surveillance. It was a popular entry-level, high-resolution (at the time, 1.3 megapixels was quite good) device for small businesses, offices, and residential monitoring.
To achieve the best possible live view experience on an Axis 206M, adjust the following settings via the > Basic Configuration > Video & Image : ntitlequotlive+view+axis+206mquot+top