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The increased availability of broadband connections has recently led to an increase in the use of Internet broadcasting (webcasting). Most webcasts are archived and accessed numerous times retrospectively. One of the hurdles users face when browsing and skimming through archives is the lack of text transcripts of the audio channel of the webcast archive. In this paper, we proposed a procedure for prototyping an Automatic Speech Recognition (ASR) system that generates realistic transcripts of any desired Word Error Rate (WER), thus overcoming the drawbacks of both prototype-based and Wizard of Oz simulations. We used such a system in a study where human subjects perform question-answering tasks using archives of webcast lectures, and showed that their performance and perception of transcript quality is linearly affected by WER, and that transcripts of WER equal or less than 25% would be acceptable for use in webcast archives.